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Taxes

Amusement Tax
The Village of Tinley Park charges an amusement tax for any theatrical, dramatic, musical or other types of concerts, or spectacular performance or show, or motion picture show, or similar exhibition for public entertainment, in the Village. See Chapter 125 of Title XI of the Tinley Park Code of Ordinances for further details, and as amended by Ordinance 2016-O-062 adopted December 6, 2016 and effective January 1, 2017.

Home Rule Sales Tax
The Village of Tinley Park implements a 0.75% Home Rule Sales Tax as a way to help generate new revenue streams for the Village and rebalance its revenue portfolio in the coming years without having to increase property taxes. The tax became effective on July 1, 2014.

The Home Rule Sales Tax will grow proportionally with inflation and generates additional monies for the Village that are used to help fund projects like the Pavement Management Program (street and utility maintenance) and inflationary expense increases. Additionally, it provides a safety net for an uncertain financial future for both the State of Illinois and Cook County and their impact on the Village.

The Home Rule Sales Tax does not affect certain purchases. Items such as titled property (vehicles, mobile homes, etc.), food, groceries and drugs would be exempt.

Based on data from the Illinois Department of Revenue, each 0.25% tax will have an annual impact of $41 on the average household in Tinley Park. With a Home Rule Sales Tax of 0.75%, this translates to a $123 yearly impact on the average household. Roughly half of the additional revenue comes from residents, and the other half comes from nonresidents who shop in Tinley Park.

The Village’s 0.75% Home Rule Sales Tax is comparable to those implemented by other area towns, both in Will and Cook counties.

Resources

Hotel/Motel Accommodation Tax
The Village of Tinley Park charges an accommodations tax for any hotel, motel, bed and breakfast, or other business operator that provides 10 or more rooms for guests, lodgers or roomers. See Chapter 129A of Title XI of the Tinley Park Code of Ordinances for further details.

See the Hotel Accommodations Tax Return form for more information.
Property Taxes
See the graph below for a breakdown of where your property taxes go. For more information on property taxes, see the Transparency Portal page.

Where Your Property Taxes Go Dollar Bill Graphic

Information on Will County property tax bills
Tinley Park residents who live in the Will County portion of town recently received their 2022 property tax bills and may have noticed a significant increase in the amounts reflected for the Village of Tinley Park and Tinley Park Public Library when compared to the prior year. Please be aware that the Village and Library did not increase their tax levy request for tax year 2022 as the tax bill may seem to indicate.

Because Tinley Park’s boundaries includes areas in both Cook and Will counties, additional steps are required in the Will County tax extension each year to determine the portion of the annual tax levy to be allocated between the two counties. These additional steps sometimes result in fluctuations on the tax bill, and unfortunately can make year-to-year comparisons of Village and Library taxes look unusual.

These additional steps in the tax process are required for any government whose boundaries span across multiple counties. According to Will County, there are about 100 governments, including Tinley Park, that have their property tax base in multiple counties outside of Will County. In these instances, Will County must estimate the taxable property values for the other counties outside of Will County to determine an estimated portion of the government’s tax levy to be applied to the Will County properties in order to produce the tax bills.

Once the other counties’ actual taxable property values are known, Will County must then recalculate the portion of the tax levy that should have been applied for the tax year. The difference between the actual result and the original estimate becomes an adjustment added or subtracted with the next year’s tax bill. How the estimated taxable property value compares to the actual taxable property value for a tax year will result in either a reduction or an addition that is factored into the following year’s tax extension.

Between tax years 2021 and 2022, these prior year adjustments were in opposite directions (2021 reflected a reduction, and 2022 reflected an addition), causing the change in the overall taxes for the two tax years to appear to be more substantial than they actually were increased by the Village and Library for tax year 2022.

While this issue doesn’t originate with the Village of Tinley Park, we would like residents to be as informed as possible on how Will and Cook counties must calculate their tax bills. The Village has comprehensive information on this and other tax-related issues on the Village website at TinleyPark.org/Transparency.

The Village’s portion of your property tax bill is typically only between 12 and 14 percent. For that percentage, which is on par and in some cases less than what those in our neighboring towns pay, Tinley Park residents get a great community to call home, a string of fun yearlong events, top-notch Village services, a dedicated staff of employees and hundreds of unique, high-profile businesses, all funded through diverse revenue streams.
The Village of Tinley Park straddles two counties: Cook and Will. For this reason, real estate information varies depending on the location of your residence. Please use the resources on this page to learn more about your specific property taxes.

Cook County

Will County

Tax Abatement
At At its Dec. 6, 2022 meeting, the Tinley Park Village Board adopted a property tax levy request for Tax Year 2022 in the combined amount of $31,064,543 covering the Village and Tinley Park Public Library. This amount represents a net 3% increase over the previous year’s extended tax levy dollars.
 
The Village Board also approved tax levy abatements for the coming tax year. The Village’s required 2022 levies to pay outstanding bonds and interest payments due in the upcoming calendar year (2023) are being reduced by more than $1.3 million, which directly translates into reduced property taxes. The Village’s tax abatements benefit both homeowners and businesses.
 
This represents the 41st year of the Village’s program of abating taxes for bond payments. The total amounts abated represent 79% of the total debt service on the Village's outstanding bonds payable in 2023.
 
If the Village didn’t have alternate sources to pay the debt service on these bond issues, the tax levy would be more than $1.3 million higher than was approved and would add an estimated $0.89 to the Village tax rate at an EAV of $1.556 billion.
 
The below table reflects the approximate annual “rebate savings” for a cross section of home values over the past 10 years, inclusive of the current year. On average over this period, the annual savings through these abatements is between $130 and $300 depending on home value. Over the 10-year period, homeowners with homes valued similar to those shown on the table have received and benefited from cumulative savings of between $1,300 and $3,000 as a result of these abatements, which have totaled more than $34.8 million dollars for the past 10 years alone (tax years 2013 to 2022).

Tax Savings of Abatement for House Valued at:

 Market  $150,000  $200,000  $275,000  $300,000  $350,000
 Assessed  $34,000    $50,000  $66,000  $77,000  $90,000
 2013  212  283  389  425  495
 2014  206  275  378  413  482
 2015  236  314  432  471  550
 2016  232  309  425  463  541
 2017  92  122  168  183  214
 2018  93  124  171  186  217
 2019  65  87  120  131  152
 2020  60  80  110  120  140
 2021  39  51  71  77  90
2022  44  59  81  88  103
 Total  $1,279  $1,704  $2,345  $2,557  $2,984
 Average  $128  $170  $235  $256  $298

 

Self-Storage Tax
The Village will begin implementing and enforcing collection of the Self-Storage Accommodations Tax effective July 1, 2024.

Resources
Click on the below links for more information.