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Posted on: December 21, 2023

City of Wheaton Approves Fifth Consecutive Budget without Property Tax Increase

City Hall

At its Dec. 18, 2023 meeting, the Wheaton City Council approved the City’s 2024 annual budget, which touts no increase in the property tax levy for the fifth year in a row and no new taxes. 

Without raising the tax levy, the 2024 budget will continue to provide the same level of essential services and programs for our community. This includes police and fire protection; maintenance of roads, sewers, sidewalks and parkway trees; water service; and the many other functions that keep the City going. More than $30 million of the approximately $120 million annual budget is devoted to capital investments, representing Wheaton’s commitment to maintain quality infrastructure.  

“The fact that the City can continue providing a high level of services without raising property taxes for the 2024 calendar year is quite an accomplishment,” said City Manager Michael Dzugan. “In a time when we’re all experiencing the effects of inflation and high interest rates, the City Council and the staff are committed to doing the most with the resources we have.” 

As the result of strict expenditure management, strong fiscal policies and several financial strategies over the years, Wheaton is one of only 22 municipalities in Illinois and 447 municipalities in the U.S. to earn the top ‘AAA’ credit rating by Standard and Poor’s Global Ratings. 

This 2024 budget will continue to support the five key priorities of the City’s long-range strategic plan: financial stability, enhance infrastructure, responsive & efficient services, community safety, and environmental sustainability. 

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