Freeport Taxes Going Up Again:

City Says Property Values Are Falling, But Homeowners Know Otherwise

FREEPORT, IL – November 15, 2025

The Freeport City Council will conduct the first reading of Ordinance #2025-63 at its November 17, 2025 meeting. The proposal would increase the Library property tax levy by roughly 5 percent for the 2025 tax year, collected on 2026 bills. Freeport’s Finance Director, in a memo to council, argues this increase is necessary because the City’s overall assessed property value declined by $105,004.