To compensate for the impact of new housing on library services, through the immediate request from residents for services preceding any property tax being assessed against new construction, the library requires developers of new residential real estate in the Village of Glen Ellyn to pay for an impact fee which covers the cost of services in the interim period between the purchase of property, the acquisition of a building permit, and the receipt of tax revenue by the library, which is typically 1.5 years.
With the payment of the impact fee by the developer, the owner is immediately eligible for library services.
Impact fees are to be paid prior to issuance of the building permit and must be paid prior to registration for a library card. The annual Residents of Newly Developed Property/Developers’ Impact Fee will be calculated as follows.
The Current tax extension for Glen Ellyn Public Library divided by the population of Glen Ellyn times the number of years until tax income is received (1.5) times the population equivalent of the unit (based on the equivalency figures used by the Village of Glen Ellyn and the Glenbard Wastewater Authority).
Refer to the Non-resident Fees Calculator to determine current assessment.