Joliet city tax levy goes up 13%, but tax rate drops slightly

Joliet city tax levy goes up 13%, but tax rate drops slightly

A 13% increase in the city of Joliet tax levy may not increase individual property taxes.Most of that increase comes from new construction – particularly warehouses – and building improvements that increase the total taxable value of property in the city, Finance Director Kevin Sing said.The overall tax rate for the city actually is down slightly at 1.29%.“If your house value didn’t change, you’re paying the same amount,” Sing said.Actually, per…