06/12/2026
2026 Property Revaluation Notices Have Been Mailed
Residents should begin receiving their 2026 assessment notices in the coming days as part of the Village-wide property revaluation.
One of the most important things to understand is this: A higher assessment does NOT automatically mean your property taxes will increase by the same amount. The reassessment updates property values to reflect current market conditions and helps ensure all properties are assessed fairly and uniformly. While many properties saw significant increases in assessed value, the reassessment itself does not generate additional tax revenue for the Village.
Property taxes are based on both:
• The total tax levy approved by taxing jurisdictions, and
• Your property's share of the overall tax base.
Because the entire Village was reassessed, the tax rate (mill rate) will also change.
If you receive your assessment notice and have questions, we encourage you to review the Frequently Asked Questions section on the Village website before contacting the Village or the assessor.
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