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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 92 full-time employees and 22 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 7.8667 per $100 of assessed valuation.
The Village maintains a high bond rating of Aa1 (Moody’s) and low debt ($3.5 million versus a debt limit of $89 million). The Village’s assessed valuation is currently $1,040 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 forfiscal year ended April 30, 2018 (16th year in a row).
The Village maintains a high bond rating of Aa1 (Moody’s) and low debt ($3.5 million versus a debt limit of $89 million). The Village’s assessed valuation is currently $1,040 million.
- 2018 / 2019 Village Budget: $36,631,090
- 2017 / 2018 Village Budget: $33,531,450
- Bond Rating: Aa1 (Moody’s Investor’s Service)
- Bond Issues Outstanding: $3.5 million
- Current General Obligation Debt Limit is $89 million
2016 Property Tax Rates
Tax rates shown are rates per $100 of assessed valuation:
Property Area |
Tax Rate |
---|---|
Village of Lisle |
.4734 |
DuPage County |
.1749 |
School District |
5.0062 |
Other |
2.2132 |
Total |
7.8677 |
Source: DuPage County Clerk’s Office, Revenue Division
Valuation by Townships
Property Area |
Valuation |
---|---|
Milton Township |
$19,622,550 |
Lisle Township |
$1,020,539,713 |
DuPage County |
$1,040,162,593 |
Source: Village of Lisle
2016/ 2017 Village of Lisle Governmental Revenues
Type of Revenue |
Revenue Percent |
---|---|
Other Taxes |
21% |
Sales Taxes |
23% |
Property Taxes |
34% |
Charges for Services |
11% |
Capital Grants |
3% |
Operating Grants |
3% |
Interest Income | 1% |
Miscellaneous Revenue |
4% |
2016 / 2017 Village of Lisle Governmental Expenses
Type of Expense |
Expense Percent |
---|---|
Public Service |
38% |
General Government |
36% |
Public Works |
26% |
2017 Property Taxes (Village Portion)
2017 Valuation
Property Type |
Valuation |
---|---|
Residential |
$660,884,461 |
Commercial |
$334,677,582 |
Industrial |
$44,199,330 |
Railroad |
$401,220 |
Total |
$1,040,162,593 |
Source: Village of Lisle
Additional Information
Lisle Taxes / Rates
- 2017 Tax Levy: $4.9 Million
- Lisle Sales Tax: 7.00%
- Lisle Telecommunications Tax: 6.0%
- Lisle Utility Tax (Gas and Electric): 5.0%
- Lisle Water Rate: $6.60 per 1,000 gallons of water; outside corporate limits $8.58 per 1,000 gallons
- County Waste Water Rate: $2.93 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