The Village finances between 23% and 27% of its operations through property taxes and is continually striving to diversify its revenue base in order to reduce reliance on the property tax. The Village's portion of the property tax reflects 15% of the total tax bill.
Taxing Agency |
Percentage of Tax Bill |
School District |
68.80% |
Village of Summit |
15.00% |
Cook County |
4.54% |
Public Library |
3.86% |
Park District |
3.52% |
Water Reclamation |
2.62% |
Lyons Township |
1.55% |
Des Plaines Valley Mosquito Abatement |
.11% |
Total |
100% |