A jump in Social Security benefits may push some local seniors out of a coveted property tax exemption. Some Kane County officials are trying to change that.
Kane County will see many economic initiatives come to fruition or continue to advance in 2023, Kane County Board Chair Corinne Pierog said. They include regional economic planning grants to pay for the Longmeadow Parkway so it does not need to be a tollway, the development of workforce housing, support for small businesses and more electric vehicle charging stations.
Kane County Board members have been trying to avoid putting a budget in place before the November election because it will force them to weigh in on a property tax increase, which many feel is needed but will be unpopular with voters.
The amount of property tax money residents pay to Kane County may increase from $7.47 to $33.35 next year, depending on the outcome of one of several remaining decisions county board members have to make about the 2023 budget.