Village Property Tax Levy
The Schaumburg Village Board approved a reduction in property taxes that impact the village’s portion of tax bills for residents and businesses for the second year in a row. The board agreed to a $22.7 million tax levy for 2011 – which is 6 percent less than last year’s levy.
I feel that Schaumburg should be sent a congratulations for keeping costs down and realizing the residents are seeing huge increases in other portions of their tax bills. Don't forget that Schaumburg is really only a small portion of your entire tax bill. The 'giant problem' is being situated in Cook County.
Tax rates for 2010
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