The Skokie Village Board of Trustees adopted a five-year property tax freeze in 1991, which remains in effect today. The Village Board is considering a 2023 property tax levy of $15,456,695 – the same dollar amount as in 1990.
A shrinking share: While the Village’s property tax levy dollar amount has remained the same, the Village’s share of an average Skokie property tax bill is now less than 6 percent, compared with 16 percent in 1990.
Real savings: Had the Village’s property tax levy been adjusted yearly for inflation, the average Skokie household would pay $322 more in 2023.
