Litchfield Logo Graphic.3

Council Approves 2025 Tax Levy; Tax Rate Expected to Decrease

Spread the love

Litchfield City Council Meeting | December 18, 2025

Article Summary: The Litchfield City Council unanimously approved a $1.8 million tax levy for the upcoming fiscal year, with projections showing a slight decrease in the city’s tax rate due to rising property values.

Tax Levy Key Points:

  • Total Levy: The approved corporate levy is $1,846,887, an increase of approximately 4.89% over the prior year.

  • Tax Rate: The estimated tax rate is projected to drop from 1.3911 to approximately 1.354 per $100 of equalized assessed valuation (EAV).

  • EAV Growth: The City’s Equalized Assessed Valuation increased by approximately $10 million, largely due to new development.

  • No Hearing Required: Because the levy increase was less than 5%, a Truth in Taxation hearing was not legally required.

The Litchfield City Council on Thursday, December 18, 2025, voted to approve the tax levy ordinance for the fiscal year beginning May 1, 2025.

The ordinance sets the total amount to be collected from property taxes at $1,846,887. This figure represents an increase of approximately 4.89% compared to the 2024 extension of $1,760,747.

Despite the increase in the total dollar amount collected, the tax rate paid by property owners is expected to decrease. City officials attributed this to a robust increase in the city’s Equalized Assessed Valuation (EAV), which rose by roughly $10 million due to new developments broadening the tax base.

“Last year we had a tax rate of 1.39. This year we have a tax rate of 1.35,” a city administrator explained during the meeting.

Officials noted that while the rate is dropping, individual tax bills will still depend on specific property assessments. If a resident’s home value increased significantly or if improvements were made, their specific taxes could still rise.

Since the levy request did not exceed 105% of the previous year’s extension, the Council was not required to hold a Truth in Taxation public hearing. The motion to approve the levy was made by Alderperson Sara Zumwalt and seconded by Alderperson Marilyn Sisson. It passed with a unanimous roll call vote.

Leave a Comment





Latest News Stories

WATCH: Trump says U.S. will run Venezuela for foreseeable future

WATCH: Trump says U.S. will run Venezuela for foreseeable future

By Sarah Roderick-FitchThe Center Square The U.S. will run Venezuela “until such time as we can do a safe, proper and judicious transition,” President Donald Trump said Saturday following the...
World leaders call for UN response after Maduro capture

World leaders call for UN response after Maduro capture

By Morgan SweeneyThe Center Square The international community is reacting to the news that President Donald Trump announced early in the morning on social media: The U.S. carried out a...
Democrats slam Venezuelan strikes, Maduro capture

Democrats slam Venezuelan strikes, Maduro capture

By Andrew RiceThe Center Square Democratic lawmakers criticized President Donald Trump's announcement of land strikes against Venezuela and leader Nicolas Maduro's capture. In a post to social media, Trump announced...
Trump sheds more light on Venezuela strike, Maduro capture

Trump sheds more light on Venezuela strike, Maduro capture

By Sarah Roderick-FitchThe Center Square President Donald Trump shed more light on the strikes on Venezuela and the operation to capture Venezuelan President Nicolas Maduro. During an interview on Fox...
Congressional Republicans support Venezuela strikes, Maduro capture

Congressional Republicans support Venezuela strikes, Maduro capture

By Andrew RiceThe Center Square Republican leaders in the U.S. House of Representatives and Senate are reacting to President Donald Trump's announcement of the capture of Venezuelan leader Nicolas Maduro...
With Maduro, wife in custody, Bondi says they will be tried on U.S. soil

With Maduro, wife in custody, Bondi says they will be tried on U.S. soil

By Sarah Roderick-FitchThe Center Square Following U.S. strikes against Venezuela resulting in the capture of Venezuelan President Nicolas Maduro and his wife, Attorney General Pam Bondi said Saturday the Maduros...
'Large scale strike' carried out against Venezuela; Maduro captured

‘Large scale strike’ carried out against Venezuela; Maduro captured

By Sarah Roderick-FitchThe Center Square The U.S. carried out a “large scale strike against Venezuela” in the overnight hours Saturday, capturing Venezuelan President Nicolas Maduro, along with his wife, according...
Congress faces govt. shutdown date, health care bills, Epstein on return

Congress faces govt. shutdown date, health care bills, Epstein on return

By Thérèse BoudreauxThe Center Square Congress faces a mountain of political challenges when it resumes session next week, including a potential government shutdown, a health care affordability crisis, and the...
U.S. Senate races will decide balance of Congress in 2026

U.S. Senate races will decide balance of Congress in 2026

By Andrew RiceThe Center Square The U.S. Senate could see a major shakeup in 2026 as Democrats and Republicans battle for control of Congress. In 2024, Republicans flipped the U.S....
9th Circuit rules against ban on open carry of firearms in most California counties

9th Circuit rules against ban on open carry of firearms in most California counties

By Dave MasonThe Center Square The U.S. Court of Appeals for the 9th Circuit Friday ruled against California’s ban on open carry of firearms in most counties. The San Francisco-based...
Trump: 'Illinois is worse' as HHS enforces verification for child care funding

Trump: ‘Illinois is worse’ as HHS enforces verification for child care funding

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) - The U.S. Department of Health and Human Services says states will not receive matching child-care funds until...
Illinois quick hits: 700,000 customers' health information potentially exposed

Illinois quick hits: 700,000 customers’ health information potentially exposed

By The Center SquareThe Center Square IDHS announces health information potentially exposed Protected health information for more than 700,000 customers of rehabilitation services and Medicaid and Medicare savings programs may...
Trump vetoes bill easing repayment for Colorado pipeline

Trump vetoes bill easing repayment for Colorado pipeline

By Elyse ApelThe Center Square President Donald Trump issued the first vetoes of his second term Tuesday, blocking two bills that would have provided additional support for infrastructure projects in...
Islamic civil rights group says nothing about civil unrest in Iran

Islamic civil rights group says nothing about civil unrest in Iran

By Johnny EdwardsThe Center Square America’s largest Muslim advocacy group speaks out regularly about Israel’s alleged abuses in Gaza. But it has yet to say anything about ongoing human rights...
Ohio debate over potential child care facility fraud heats up

Ohio debate over potential child care facility fraud heats up

By J.D. DavidsonThe Center Square The debate over taxpayer-funded child care facilities across Ohio has intensified since State Rep. Josh Williams, R-Sylvania Township, called for an investigation earlier this week....