PEORIA ( 25News Now ) - Although Peoria’s property tax rate is expected to stay the same for the year, city leaders are once again considering raising the total property tax levy.

During a special city council meeting on Tuesday night, council members heard the proposed tax levy, which would draw in tax revenue based on an around 6.5% increase in home values. Homeowners who saw their home’s equalized assessed values go up could also see their property taxes increase if the levy is approved.

With the proposed rate, a homeowner could pay about $1.52 for every $100 of EAV on their home in property taxes.

“It’s really subject to the overall evaluation of your home, so if your home gets re-valued, you’re going to see an increase,” City of Peoria Finance Director Kyle Cratty said.

Cratty s

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