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Financial Information
Lisle is a non-home rule community governed by a Mayor and six Trustees. An appointed Village Manager oversees a staff of 98 full-time employees and 24 part-time employees. Solid finances and sound planning are the hallmarks of the Village. The Village’s current total tax rate, which includes rates from all Lisle taxing bodies, is 8.415 per $100 of assessed valuation.
The Village maintains a high bond rating of aa1 (Moody’s) and low debt ($3.7 million versus a debt limit of $82 million). The Village’s assessed valuation is currently $954 million.
Tax rates shown are rates per $100 of assessed valuation:
Source: DuPage County Clerk’s Office, Revenue Division
Source: Village of Lisle
Source: Village of Lisle
The Village of Lisle was awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association for the Comprehensive Annual Financial Report for fiscal year ended April 30, 2015 (13th year in a row).
The Village maintains a high bond rating of aa1 (Moody’s) and low debt ($3.7 million versus a debt limit of $82 million). The Village’s assessed valuation is currently $954 million.
- 2016 / 2017 Village Budget: $38,874,020
- Bond Rating: Aa1 (Moody’s Investor’s Service)
- Bond Issues Outstanding: $3.7 million
- Current General Obligation Debt Limit is $82 million
2015 Property Tax Rates
Tax rates shown are rates per $100 of assessed valuation:
| Property Area |
Tax Rate |
|---|---|
| Village of Lisle |
.5083 |
| DuPage County |
.1971 |
| School District |
5.2792 |
| Other |
2.4309 |
| Total |
8.4155 |
Source: DuPage County Clerk’s Office, Revenue Division
Valuation by Townships
| Property Area |
Valuation |
|---|---|
| Milton Township |
$17,789,880 |
| Lisle Township |
$936,528,859 |
| DuPage County |
$954,318,739 |
Source: Village of Lisle
2015 / 2016 Village of Lisle Governmental Revenues
| Type of Revenue |
Revenue Percent |
|---|---|
| Other Taxes |
29% |
| Sales Taxes |
18% |
| Property Taxes |
27% |
| Charges for Services |
9% |
| Capital Grants |
7% |
| Operating Grants |
3% |
| Miscellaneous Revenue |
9% |
2015 / 2016 Village of Lisle Governmental Expenses
| Type of Expense |
Expense Percent |
|---|---|
| Public Service |
42% |
| General Government |
30% |
| Public Works |
27% |
| Interest |
1% |
2015 Property Taxes (Village Portion)
2015 Valuation
| Property Type |
Valuation |
|---|---|
| Residential |
$591,465,218 |
| Commercial |
$321,865,207 |
| Industrial |
$40,671,400 |
| Railroad |
$316,914 |
| Total |
$954,318,739 |
Source: Village of Lisle
Additional Information
Lisle Taxes / Rates
- 2015 Tax Levy: $4.8 Million
- Lisle Sales Tax: 7.00%
- Lisle Telecommunications Tax: 6.0%
- Lisle Utility Tax (Gas and Electric): 5.0%
- Lisle Water Rate: $6.50 per 1,000 gallons of water; outside corporate limits $8.45 per 1,000 gallons
- County Waste Water Rate: $2.57 per 1,000 gallons and $5.78 flat fee
Certificate of Achievement
The Village of Lisle was awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association for the Comprehensive Annual Financial Report for fiscal year ended April 30, 2015 (13th year in a row).