Where do Your Winnetka Property Taxes Go?
For what we pay locally in property taxes, I think it’s wise to understand how they are divvied up. In the North Shore communities of Winnetka, Wilmette, Kenilworth, Northfield, and Glencoe, it’s understood that a large percentage goes to the schools. That’s why many of us moved here. Supporting a strong educational system is good for our children as well as our resale values.
The Village of Winnetka will be having a public budget meeting on October 29 and they posted this image which shows precisely how the taxes are spent:
We can see that education spending - covering elementary schools and New Trier High School, account for 64.7% of every tax dollar paid. Beyond that, the Village, the Park District, The Water and Reclamation District, and Cook County together get 28.72%. The mysterious “other” accounts for the balance of 6.59%.
If you’d like to attend the meeting and offer input, it will be held at the Village Hall, 510 Green Bay Road on October on October 29 at 8:30am.
While you’re here, see ALL WINNETKA HOMES FOR SALE
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Margaret Goss is a full-time real estate broker since 1998 working in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.
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