When Palatine’s village council members look at the proposed 2025 budget Monday, they will notice something missing: a levy to pay off debt.
The proposed budget is the first in more than a century that does not include a property tax levy for debt service, Village Manager Reid Ottesen said in his budget message.
“Through the efforts of the village council and staff over the past decade, we lived within our means and maintained a focus on eliminating the debt that has impacted our financial flexibility for decades,” he said…