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Property taxes freeze for elderly

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This graph compares local school districts, city and county property tax exemptions and freezes. Courtesy graphic / City of Elgin

Rising property taxes will slow down for Elgin's older and most vulnerable residents.On April 4, the City Council voted to effectively freeze property taxes for homestead property owners ages 65 and older. The adopted ordinance also limits ad valorem taxes for disabled individuals and will start with the 2023 tax year..“I just feel like it's a good time for us to do it,” said Mayor Pro Tem Sue Brashar.With the limitation, city property taxes for the elderly or disabled cannot increase unless new value is added through measures such as improvements. As such, taxes due will not go above the ...

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