PROPERTY TAXES & AFFORDABILITY

Keeping Rockford Affordable

Rockford must be a city where working families, seniors, homeowners, and small businesses can afford to remain and invest.

High property taxes do more than increase monthly expenses. They can make homeownership less attainable, discourage investment, reduce the marketability of properties, and diminish the value of what is often a family’s most important financial asset.

Property-tax relief cannot be achieved through slogans. It requires spending discipline, economic growth, a broader tax base, and a willingness to distinguish essential services from lower-priority activities.

Household Pressure

The Financial Pressure Is Real

The Census Bureau estimates Rockford’s median household income at $54,752, while approximately 21.3% of residents live below the poverty line. These figures demonstrate why city officials must consider the effect of every tax, fee, and utility increase on household budgets.

Source: U.S. Census Bureau QuickFacts

Property Taxes

Protecting Homeownership and Investment

High property taxes can make homeownership less attainable, discourage investment, reduce the marketability of properties, and diminish the value of what is often a family’s most important financial asset.

Real relief requires spending discipline, economic growth, and a broader tax base.

As Mayor, Derrick Will

1

Oppose treating property-tax increases as the city’s automatic answer to budget pressures.

2

Conduct a department-by-department review of city spending.

3

Identify duplicative programs, unnecessary administrative costs, and lower-priority expenditures.

4

Review taxes and fees associated with specific activities to determine whether they are delivering sufficient public value.

5

Require major programs to have a defined purpose, measurable outcomes, and continuing justification.

6

Pursue operational efficiencies before asking taxpayers for additional money.

7

Encourage development that expands the tax base without increasing the burden on existing property owners.

Rockford residents should be able to see a clear connection between the taxes they pay and the services they receive.

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