PROPERTY TAX REVENUE Property tax revenue, which is the District’s largest funding source for operations, provides 57% of the total revenue of the District. In 2026, the District is anticipating a 2.9% increase in the tax levy extension request (determined by the December 2024 published Consumer Price Index) in addition to new growth in the City of Naperville. The Special Recreation Levy used to fund inclusion services and ADA-related capital improvements is proposed to increase from 2.89-cents to 3.00-cents of the District’s Equalized Assessed Valuation based on the District’s cost for inclusion services and ADA related capital improvements for 2026. While the District can levy up to 4.0-cents for special recreation needs, the District levies only what it needs in any given year. The total levy increase is estimated to be 3.9%. BACKGROUND
$2,000,000,000 $1,000,000,000 $4,000,000,000 $3,000,000,000 $6,000,000,000 $8,000,000,000 $9,000,000,000 $7,000,000,000 $5,000,000,000 $10,000,000,000 $11,000,000,000
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
LEVY YEAR EAV
GROWTH %
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
6,282,195,485 6,775,162,478 7,150,765,856 7,318,382,400 6,959,561,716 6,657,446,945 6,285,058,623 6,128,286,390 6,200,069,125 6,488,452,773 6,889,859,833 7,183,026,180 7,459,649,655 7,693,151,123 8,029,900,644 8,170,976,028 8,584,630,651 9,114,248,939 10,158,963,431
7.60% 7.80% 5.50% 2.30% -4.90% -4.30% -5.60% -2.50% 1.20% 4.70% 6.20% 4.30% 3.90% 3.13% 4.38% 1.76% 5.06% 6.17% 11.46%
The levy ordinance, which details the property tax request for DuPage and Will counties, will be presented for approval to the Park Board in December. The ordinance must be filed with both DuPage and Will counties by the last Tuesday in December. The levy amounts for each tax rate are extended against the equalized assessed valuation of that year. The District is subject to two sets of tax limits: rate limits that limit the maximum rates that can be levied for a particular purpose, and tax caps, which limit the total dollar increase in the levy to the lesser of 5% or the Consumer Price Index (CPI) as published by the Illinois Department of Revenue, excluding new construction/annexation. If the levy exceeds the rate limitation, the extension is reduced to the statutory limit. The December 2024 CPI number came in at 2.9%. New construction is not subject to the limitations imposed by tax caps. It has been the practice of the District to increase its levy extension above what it expects to receive to capture any new valuation growth. This practice ensures that the tax burden is equitably spread over all new construction in the District. The charts on this page provide the annual Equalized Assessed Valuation (EAV) for the District from 2006-2024.
2026 BUDGET 19
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