Barrington Hills reduces property tax levy for 3rd consecutive year
BARRINGTON HILLS – For the third year in a row, the Barrington Hills Board of Trustees voted to lower the property tax levy.
The reduction could result in savings to homeowners for the village’s portion of property taxes, according to a news release from the village.
Administrative and departmental restructuring and the consolidation of emergency dispatch services are part of what allowed the requested levy to decrease, according to the news release.
The village requested a $5.3 million levy, compared to the $6.1 million received in 2016, the release said.
The village is operating with a $7.5 million budget, down from the $7.9 million budget last year, and the $8.4 million budget from 2013, according to the release.
Through that time, the village has been able to increase cash reserves and paved more streets than in the past decade, according to the release.
Village President Martin McLaughlin said in the release that he and the board would like to see other taxing bodies – such as the counties, townships, fire districts, school districts and the state – follow the Barrington Hills Board of Trustees’ lead and recognize the need for property tax relief.
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