At the start of the new year, Glencoe residents will see some fee increases and a levy increase in the village’s share of the property tax.
At their Dec. 21 meeting, village trustees unanimously approved a series of fee hikes for calendar year 2024.
“With all of these fees we are catching up to inflation, cost of living and our costs,” Village President Howard Roin said after the meeting.
Some of the rate increases likely to impact all residents is a 5% rise in the sanitary sewer rates, a 5% rise in garbage collection and a 7% hike in water rates.
The water rate increases are consistent with a previous water rate study and reflect increases in operating costs, village documents noted. There will also be an increase in water connection fees.
How much more residents will pay will depend on usage.
Also set to go up is the daily parking fee at the village’s Metra commuter station from $2 to $3. Finance Director Nikki Larson said she believed it is the first time parking fee has gone up in more than 10 years.
Standard vehicle license fees will also increase from $50 to $60 with the senior rate going up from $25 to $30. It is the first change in that rate since 2016, according to the village.
Building permit rates are also rising from $7.15 per square foot to $7.50.
Finally, there will be a new set of rates at the Glencoe Golf Club depending on time of day, the week and demand.
Trustees also approved an approximate 5.3% increase in the village’s share of the overall property tax levy including the funds for the Glencoe Public Library. The village issues the levy for the library that is a separate unit of government.
Larson said that would lead to an approximate $120 increase per $10,000 of taxes paid on the village’s portion of the overall tax bill.
The village represents 15% of the overall property tax bill, with Glencoe District 35 and New Trier High School having larger portions, Larson said.
Daniel I. Dorfman is a freelance reporter with Pioneer Press.
