Romeoville Residents Can Expect Lower Water Bills This Month

Romeoville residents will see a slight savings on their October water bills. As promised last spring, the village will offer a property tax rebate to help offset continued economic tough times in the form of a $20 credit on October bills.

The one-time $20 credit was , when they voted to pass the village’s $96.9 million 2011-12 budget.

In April, Mayor John Noak said the rebate was a way to give residents some tax relief as a result of the village’s industrial and commercial growth over the last 15 years.

“The rebate’s goal … was to make sure residents see the benefit of the development,” he said, noting that industrial and commercial customers will not receive a rebate on their water bill. The rebate was a way to pass on savings to residents, since the village cannot set separate tax rates for homeowners versus commercial/industrial properties, Noak explained.

“We are fortunate to be in a financial position to provide this rebate,” Noak said in a press release issued by the village on Friday. “The rebate process was chosen to make it as simple and efficient as possible for the residents.”

The water bill credit, combined with lower property assessments, was expected to cut property taxes for the average Romeoville homeowner by about $33 this year.