Lisle's 2012 Property Tax Rates Higher than Neighbor Towns

A very popular blog from Lisle Watchdog written 3 months ago...

August 13,2013 - The 2012 property tax rates imposed on home owners and businesses and other property owners within the Village of Lisle for municipal, park, fire and library services are significantly higher than the property tax rates imposed by neighboring towns Wheaton, Naperville, Glen Ellyn and Downers Grove for the same services. 

A Lisle property owner pays 86% more for these services in property tax than a Naperville property owner on equal-valued property.  

A Lisle property owner pays 82% more for these services in property tax than a Downers Grove property owner on equal-valued property.  

Questions: 

1. Are higher property tax rates to blame for the disproportionately higher decline in home values in Lisle? 

2. Do Lisle residents and businesses get more for their money than Naperville, Wheaton, Glen Ellyn and Downers Grove residents?

3. Are higher property tax rates a disincentive for investment by prospective business owners? 

Summary of 2012 Property Tax Rates in DuPage (*)

• 2.1512   Village of Lisle
• 1.7437   City of Wheaton
• 1.2706   Village of Glen Ellyn
• 1.1365   Village of Downers Grove
• 1.0904   City of Naperville 

 (*)  Source: DuPage County Treasurer & DuPage County Clerk.

Additional Comparisons of 2012 Property Tax Rates (**)

• 2.202  Hoffman Estates
• 2.151  Village of Lisle
• 1.908  Des Palines
• 1.724  Evanston
• 1.708  Skokie
• 1.695  Willmette
• 1.481  Park Ridge
• 1.408  Glenview

(**) Summation of property tax rates for municipal, fire, park district, library. Excludes schools, township and county property taxes. 

Breakdown of Lisle Property 2012 Tax Rates:

• 0.4682 Village of Lisle
• 0.4035 Lisle Library District
• 0.7920 Lisle Woodridge Fire District
• 0.4875 Lisle Park District
• 2.1512 TOTAL

Breakdown of Naperville Property 2012 Tax Rates:

• 0.5382  City of Naperville (includes fire)
• 0.2374  Naperville Library
• 0.3148  Naperville Park District
• 1.0904 TOTAL

Breakdown of Glen Ellyn Property 2012 Tax Rates:

• 0.5213 Village of Glen Ellyn (includes fire)
• 0.3276 Glen Ellyn Library 
• 0.4114 Glen Ellyn Park District
• 0.0103 Glen Ellyn Mosquito Dist
• 1.2706  TOTAL