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Property Tax Information

The City is one of ten taxing bodies itemized on your bill. The City’s portion of your entire property tax bill is about 10 percent.

Explaining your property taxes

 

Any St. Charles resident can view their property tax bill and the breakdown of how much goes to which taxing body. Visit www.kanecountytreasurer.org and click on “Print a Property Tax Bill.” There you can input your name and address, (or parcel number, if you know it) to access an itemized tax bill to review. Taxes related to the City are labeled “St. Charles City.”

 

What the City's Portion of Property Taxes Pays For

In 2020, a resident in a $300K home paid $778 to the City. (About 10% of the total property tax bill.) That helps pay for a full year of City Services.

Electric, Water, and Wastewater Services are not paid with property taxes. Those are paid for with usage fees.

What the City's Portion Pays for

 

The City's General Fund: Beyond Property Taxes 

Property taxes are only one part of the City's income. Visitors and commuting workers contribute through sales and hotel taxes. Grants and other non-tax revenue also are funding opportunities.

The General Fund

What is the City doing to Manage Property Tax Levels?

The City uses multiple tactics to reduce its reliance on property taxes and keep its share of the property tax bill manageable.

  • Abate Taxes: Historically, the City has abated tax levies related to the debt issued to pay for large capital projects. When bonds are issued to pay for projects, such as the new police station, the City does not collect property taxes to pay those back. Instead, the City utilizes sales, liquor, hotel/motel taxes, and other general revenues to pay the debt.
  • Utilize Grants: The City always works to manage its resources as efficiently and cost-effectively as possible. One way we do that is by taking advantage of grants that are available to us for certain projects. 
  • Maintain a Balanced Tax Base: Careful planning for community and economic development means St. Charles enjoys a healthy mix of nearly 2000 retail, commercial and industrial businesses. This diversification provides economic stability and means businesses, visitors and area consumers share in the cost associated with keeping St. Charles running successfully.

More at www.stcharlesil.gov/departments/finance. 

updated Sep 29, 2021