State declares Elmhurst Hospital tax-exempt, local taxing bodies to adjust levies
ELMHURST — Some local taxing bodies are reconfiguring their property tax levies following the state's decision in February to grant tax-exempt status to the majority of Elmhurst Memorial Healthcare's new facilities.
The hospital has been waiting on a ruling for its new hospital since opening in June 2011, and some of its other properties since 2009.
The city and library plan to abate, or remove, the $692,505 the hospital would have paid in property taxes this year from their levies. Without abatement, that amount would be spread across the tax bills of every other property owner in the city. The city's finance committee recommended that course at its Monday meeting, committee vice chairman Kevin York said, and the entire city council will likely vote on the issue next week.
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