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Park Forest To See Lowest Tax Levy Increase In 25 Years

budget revenues, property taxes, vopf
Property taxes in Park Forest currently fund a full 59% of the Village Budget. (VOPF)

Park Forest, IL-(ENEWSPF)- The Village Board in December adopted the smallest tax levy increase in the past 25 years. The 1.1% increase equates to roughly $254,875 in new revenue. Prior to this, the lowest increase was 1.4% in 2014.

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Cook County adds a loss factor to the original levy to allow for uncollected taxes. The increase represents the increase to…

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