New Elgin budget includes 13.2% property tax hike, fee increases

New Elgin budget includes 13.2% property tax hike, fee increases

Elgin residents can expect to pay more in property taxes, water and sewer rates, and garbage fees in 2026 under the new budget approved by the Elgin City Council. The property tax rate is going up by 13.2% — the first increase property tax hike in 11 years, officials said. For the owner of a home or property assessed at $300,000, the city’s portion of the tax bill will go up $180.83 per year, or $15.07 per month, according to city calculations. …