Screenshot 2025-11-05 at 3.24.09 PM

Manhattan Announces Proposed 6% Property Tax Levy Increase

Spread the love

Manhattan Village Board Meeting | November 4, 2025

Article Summary: The Manhattan Village Board has announced a proposed 2025 property tax levy of $3,828,252, which represents an approximate 6.09% increase over the previous year’s extension, attributing the rise to community growth and inflation.

Proposed 2025 Tax Levy Key Points:

  • The proposed levy is $3,828,252, an increase of $219,827 over the 2024 tax extension of $3,608,425.

  • The increase is driven primarily by inflation and the assessed value of new construction in the village.

  • State law requires the village to announce the proposed levy at least 20 days before the final ordinance is passed.

MANHATTAN, IL – The Manhattan Village Board on Tuesday, November 4, 2025, announced its proposed 2025 property tax levy is $3,828,252. The figure represents a $219,827, or 6.09%, increase over the 2024 tax extension of $3,608,425.

Finance Director Justin VanVooren presented the figures, explaining that the increase is necessary to support essential services and infrastructure projects while accounting for inflation and significant community growth, including new construction. According to village documents, the total equalized assessed value (EAV) in Manhattan is projected to increase from approximately $384.7 million to $422.8 million.

“As part of our ongoing commitment to fiscal responsibility and transparency, we aim to ensure that the levy continues to support essential services, community infrastructure, and local programs while remaining mindful of the financial impacts on our residents,” stated a village memo on the subject.

During the meeting, VanVooren explained the tax levy process for residents. “The county clerk uses the information provided by the township assessor to then take the levy and apply it across all of the houses, commercial, industrial buildings,” he said. “That is what determines the tax rate.”

This announcement serves as a public notification, as required by state law, at least 20 days prior to the final vote. The board is scheduled to vote on the final tax levy ordinance on December 2, 2025.

Leave a Comment





Latest News Stories

Illinois, Chicago residents rank high taxes as state’s top issue

Illinois, Chicago residents rank high taxes as state’s top issue

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – With the state now losing a resident to another state every nine minutes and more than...
Illinois quick hits: Biss criticizes university payout; more time in emergency rooms

Illinois quick hits: Biss criticizes university payout; more time in emergency rooms

By Jim Talamonti | The Center SquareThe Center Square Biss criticizes university payout Evanston Mayor and former Democratic state lawmaker Daniel Biss says President Donald Trump’s administration “essentially blackmailed” Northwestern...
WATCH: Sanctuary bill soon law; Use of force case proceeds; CTU audits due Mon

WATCH: Sanctuary bill soon law; Use of force case proceeds; CTU audits due Mon

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop airs concerns a...
manhattan park district graphic.1

Park District Board Approves New Management Job Descriptions

Manhattan Park Board Meeting | October 9, 2025 Article Summary:The Manhattan Park Board approved a series of new and updated job descriptions for five management-level positions, including a new Deputy...
CTU can’t sue group for campaigning in union elections

CTU can’t sue group for campaigning in union elections

By Scott Holland | Legal NewslineThe Center Square A federal appeals panel won’t let the Chicago Teachers Union sue a rival group over allegations it campaigned on behalf of CTU...
IL U.S. House candidate: drug screen expectant moms getting subsidies

IL U.S. House candidate: drug screen expectant moms getting subsidies

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A doctor running for Congress in Illinois’ 5th Congressional District says the first step to improving the...
Illinois quick hits: Ameren requests rate hike; Pearl Harbor remembrance

Illinois quick hits: Ameren requests rate hike; Pearl Harbor remembrance

By The Center SquareThe Center Square Ameren requests rate hike A year after receiving a $308.6 million electric rate hike, Ameren Illinois is asking the Illinois Commerce Commission for authority...
Events Calendar Graphic

First Look at Lincoln-Way 210’s Proposed 2026-2027 School Calendar

Lincoln-Way Community High School District 210 Meeting | November 20, 2025 Article Summary: The Lincoln-Way District 210 Board of Education reviewed a draft of the 2026-2027 school calendar, which proposes starting...
Meeting-Briefs

Meeting Summary and Briefs: Manhattan Township Board for October 2025

Manhattan Township Board Meeting | Oct. 14, 2025 The Manhattan Township Board met on Tuesday, October 14, 2025, to handle standard monthly business, approve minutes from four prior meetings, and...
Everyday Economics: A consumer slowdown, fraying margins, and a big test for the Fed

Everyday Economics: A consumer slowdown, fraying margins, and a big test for the Fed

By Orphe DivounguyThe Center Square Last week’s data told a clear story: the U.S. consumer is still standing, but looking increasingly tired – and businesses are starting to absorb more...
Weather-Winter

Manhattan Buried Under Nearly 12 Inches of Snow; Sub-Zero Temperatures Forecast for Friday

Article Summary: Manhattan residents are clearing driveways after a major winter storm dumped nearly a foot of snow over the weekend. The active weather pattern is set to continue, with...
manhattan fire district graphic logo.1

Manhattan Fire District Grapples with Surging Insurance Costs in Draft Budget

Manhattan Fire Protection District Meeting | October 2025 Article Summary:The Manhattan Fire Protection District is facing significant increases in insurance premiums as it develops its next operational budget. In a...
Meeting-Briefs

Meeting Summary and Briefs: Jackson Township Board for Oct. 2025

Jackson Township Board Meeting | October 2025 The Jackson Township Board met on Wednesday, October 8, 2025, to handle standard monthly business, including the approval of financial donations to three...
Will County Board Graphic.01

Frankfort Turns to County for Wildlife & Dangerous Animal Control

Will County Board Meeting | November 2025 Article Summary: The Village of Frankfort has entered into a two-year agreement with Will County Animal Protection Services to handle calls regarding bats...
Illinois rejects federal ‘no tax on tips’ rule, keeps state tax on tipped income

Illinois rejects federal ‘no tax on tips’ rule, keeps state tax on tipped income

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois is not adopting the new federal “no tax on tips” provision, meaning tipped workers in...