With this year’s opening of the Meijer superstore, Flossmoor School District 161 is getting a needed boost in property tax revenue.
According to the estimated 2016 tax levy, approved Monday by the board of education, District 161 will take in an additional $909,090 in property taxes, mostly as a result of Meijer, which opened last June in Flossmoor.
Frances LaBella, the district’s assistant superintendent for business, said Meijer’s property value is estimated at $12 million, with an additional $1 million coming from other new property in the district.
LaBella . . .
