Lombard board votes for first property tax freeze in more than 20 years
LOMBARD – The Lombard Village Board voted 4-2 to freeze property taxes for the first time in more than 20 years at Thursday's meeting.
Finance committee chairperson trustee Peter Breen introduced the freeze, which cuts roughly one quarter million dollars from next year's proposed Lombard property tax levy. Trustees Reid Foltyniewicz, Dan Whittington and Laura Fitzpatrick also backed the measure.
The Lombard Village Board has enacted cost savings measures in the past year, through a successful early retirement initiative and increased efficiencies in risk management policies and procedures, according to a news release from the village.
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