Will County plans to lower property tax rate, finance chairman says

Will County should be able to drop its property tax rate by at least 1.5 percent in the upcoming 2018 budget, said the county board’s finance committee chairman.

“This is even better than a freeze. We’re going down,” said Mike Fricilone, R-Homer Glen, referring to the county’s portion of the property tax bill.

Based on preliminary budget numbers and assessed valuations, the county’s tax rate would be .6058, and “we will push it down from there,” Fricilone said at Thursday’s Committee of the Whole meeting…Please click here to read Susan DeMar Lafferty’s story in the Tribune/Daily Southtown.