Water Billing

  1. How many days to I have to pay my water bill after it comes?
  2. How often will I receive a water bill?
  3. Why is there a “minimum bill” even if you use no water?
  4. Do I receive a break (on the sanitary sewer portion of my bill) during the summer for watering my lawn?
  5. Is there a convenient way to pay my water & sewer bill?
  6. What if I suspect I have a water leak or the water meter is not accurate?
  7. Am I assessed penalties if I don’t pay my water bill on time?
  8. What if I am planning on being out of the area when my water bill normally comes?

Concerning My Residence

  1. What do I need to do about my water bill when I am getting ready to sell my home?
  2. Do I need to register my pet(s) at the Village?
  3. Who is responsible to purchase the Real Estate Transfer Stamp or obtain an exemption letter?

Real Estate Taxes and the Budget

  1. How is the value of my home assessed for my property tax?
  2. Why is the Village property tax so high?
  3. What does the Village use property tax money for?
  4. What percentage of the property tax do the businesses in the Village pay?
  5. What percentage of the money collected by the Village goes toward police protection?
  6. How much does the Village derive from traffic fines each year?
  7. How much does the Village collect from all taxes?
  8. Is the Village required to balance its budget each year?

Other Related Finance Questions

  1. Where can I register to vote?
  2. Does the Village have a Notary?

Water Billing

1. How many days to I have to pay my water bill after it comes?
Water bills are normally mailed out the first business day of the month and are due the 25th of each month.

2. How often will I receive a water bill?
All Customers are billed monthly, including residents vacationing out of state during the winter months.

3. Why is there a “minimum bill” even if you use no water?
Even without consumption the water (and sewer) pipes must be kept in proper functioning condition 24 hours a day, 7 days a week and 12 months a year. The men and materials required in maintaining that immediate service level does cost money. Those expenses must be jointly shared between all potential users. A minimum bill is calculated by assuming 4,000 gallons usage each month.

4. Do I receive a break (on the sanitary sewer portion of my bill) during the summer for watering my lawn?
If your summer water usage is 20% over your average winter usage you will automatically receive a summer sewer credit on the difference. The amount of the credit will be noted on the bottom of your bill. The summer sewer credit period runs from May 16th through September 15th . Your winter average is calculated from September 16th through May 15th.

5. Is there a convenient way to pay my water & sewer bill?
Yes, Go to Bill Payments for payment options.

6. What if I suspect I have a water leak or the water meter is not accurate?
You can call either the Utility billing section in the Finance Department or the Public Works Department. The Village can schedule a meter reader to come out to inspect your property and/or your meter(s).

7. Am I assessed penalties if I don’t pay my water bill on time?
A 10% late fee is added to all water bill payments not received by the due date.

8. What if I am planning on being out of the area when my water bill normally comes?
You should call the Utility Billing Clerk at 847.883.8600 and make plans to pay in advance, or you can enroll in our automatic withdrawal plan.


Concerning My Residence

1. What do I need to do about my water bill when I am getting ready to sell my home?
As soon as your closing date has been scheduled, call the Water Billing Department to set up a final water bill reading. The reading will be scheduled 3 to 5 days before the closing. The final water bill must be paid before the buyers of the property can come in to purchase real estate transfer stamps. These transfer stamps must be brought to the closing. Without a paid final water bill from the seller and purchase of real estate transfer stamps from the buyer, the deed will not be recorded. Therefore, it is imperative the seller set up this appointment as soon as the closing date has been scheduled.

2. Do I need to register my pet(s) at the Village?
Pets do not have to be registered in the Village.

3. Who is responsible to purchase the Real Estate Transfer Stamp or obtain an exemption letter?
It is the buyer's responsibility to obtain the Transfer Stamp or exemption letter. For more details click here.

 


 Real Estate Taxes and the Budget

1. How is the value of my home assessed for my property tax?
The Vernon Township Assessor is responsible for valuing all taxable parcels of property within the township.

2. Why is the Village property tax so high?
Actually only about 2.8% of your property tax payment goes to the Village Hall. The remainder of the payment is disbursed to other local government agencies to fund their operations (see chart below). The Village of Lincolnshire has been in the 2.3-2.8% range for the last nine years. As an example, a residence having a market value of $500,000 will have an assessed value of about a third that amount (or $165,000). The property tax bill is based on the assessed value ($165,000) and will total about $14,262; of that the Village of Lincolnshire only receives around $410.

tax chart

3. What does the Village use property tax money for?
The 2.8% of your property tax payment distributed to the Village of Lincolnshire is used to fund Police Protection services. The remainder of your tax payment is distributed to other local government agencies (see chart above).

4. What percentage of the property tax do the businesses in the Village pay?
The Village businesses contribute approximately 29% of all property tax money.

5. What percentage of the money collected by the Village goes toward police protection? (vehicle patrols, traffic control, E911 emergency center, community education, etc)
Approximately 17.7% of the total Village budget is spent on police activities.

6. How much does the Village derive from traffic fines each year?
The Village takes in approximately $250,000 annually.

7. How much does the Village collect from all taxes?
Approximately 89% of General Fund revenues come from taxes.  Licenses and fees, traffic fines, state grants, and investment earnings contribute to the remaining 11% of revenues.

8. Is the Village required to balance its budget each year?
Yes. In some years, though, bank loans and/or withdrawals from cash reserves are needed to balance the budget. During those times a huge capital project (for example, North Park) exceeds the revenue that can be brought in.


Other Related Finance Questions

1. Where can I register to vote?
You can register to vote at the Lincolnshire Village Hall where Finance personnel can register you. You can also go to the Township Building in Prairie View or the Lake County Clerk's office in Waukegan.

2. Does the Village have a Notary?
Yes, there are several Village staff members who are Notaries and are available to assist you during business hours (Monday - Friday 8:30 a.m. - 4:30 p.m.)