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 8.0476 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 $87 million). The Village’s assessed valuation is currently $1,016 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 $87 million

2016 Property Tax Rates


Tax rates shown are rates per $100 of assessed valuation:
Property Area
Tax Rate
Village of Lisle
.4844
DuPage County
.1848
School District
5.0548
Other
2.3236
Total
8.0476

Source: DuPage County Clerk’s Office, Revenue Division


Valuation by Townships


Property Area
Valuation
Milton Township
$18,779,420
Lisle Township
$997,933,932
DuPage County
$1,016,413,352

Source: Village of Lisle

2016/ 2017 Village of Lisle Governmental Revenues


Type of Revenue
Revenue Percent
Other Taxes
29%
Sales Taxes
20%
Property Taxes
30%
Charges for Services
9%
Capital Grants
6%
Operating Grants
3%
Miscellaneous Revenue
3%

2016 / 2017 Village of Lisle Governmental Expenses


Type of Expense
Expense Percent
Public Service
39%
General Government
36%
Public Works
24%
Interest
1%

2016 Property Taxes (Village Portion)


2016 Valuation


Property Type
Valuation
Residential
$637,013,452
Commercial
$336,661,665
Industrial
$42,678,250
Railroad
$359,985
Total
$1,016,713,352

Source: Village of Lisle

Additional Information


Lisle Taxes / Rates


  • 2016 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
  • As of June 1, 2018: Lisle Water Rate: $6.60 per 1,000 gallons of water; outside corporate limits $8.58 per 1,000 gallons
  • County Waste Water Rate: $2.80 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, 2017 (15th year in a row).