Abatement will lower Dist. 17’s tax share
Board decided it could afford to give relief to taxpayers
CHANNAHON — Village residents will be hit a little less hard this year with their property tax bills, as Channahon District 17 school board members this week set the amount for a tax abatement.
Since rates are predicted to jump this year due to an estimated $19.4 million decrease in “accessible EAV,” or EAV minus new construction, the board took a hard look at the way the taxes were going to affect residents. The district had it in its means to reduce the rate a little, and it was decided Monday night that it would give a little back.
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