Updated: March 8, 2013 7:43AM
For Orland Park residents who applied for the village’s property tax rebate program, their check will be a bit bigger than first estimated.
While forms are still being tallied and checked, just under 16,600 homeowners submitted applications, and rebate checks could be about $150, according to Joe La Margo, Orland Park’s public information officer. Checks will be sent around the middle of next month.
The rebate is for the 2011 property tax paid to the village in 2012. The village’s share of the average Orland Park resident’s tax bill is about 7 percent.
Initially, village officials thought checks would average about $130, but that was based on the 18,215 residents who filed for the rebate in 2009, the last year the village issued checks. The rebate program was temporarily suspended after the recession reduced village revenue substantially.
Village officials earmarked $2.5 million for this year’s rebate program, including costs associated with processing applications.
When the last rebate checks went out in 2009, the amount each resident received varied, depending on the equalized assessed value of their home, with the average homeowner getting $247, according to the village. That year, the village set aside $4.5 million for the program.
The village began the rebate program in March 2003 to offset a new home-rule sales tax and through 2009 had rebated a total of $25.6 million.