DeKalb Proposes 2025 Property Tax Levy to Fund Pensions

DEKALB – DeKalb officials are proposing a 2025 property tax levy of $8.98 million to fund Fire and Police pensions while keeping the city’s rate at 0.62284 per $100 EAV. Rising property values, including new industrial development like the Meta data center, mean the levy would generate $942 for a home with a 2025 EAV of $157,229. Council praised past rate reductions and emphasized maintaining services and infrastructure. Other taxing bodies are expected to hold rates steady or see minor increases. The levy, recommended by the Finance Advisory Committee, moves to a Truth in Taxation hearing and City Council vote in November.