Education

Governor signs bill benefiting Homewood District 153

Gov. J.B. Pritzker put his signature on a bill approved by the Illinois Legislature that will give Homewood schools a way to collect the full benefit of its 2022 referendum.

The governor signed the measure into law on Tuesday, May 28. It now goes to the Cook County Clerk’s Office where the tax rate will be set. School administrators anticipate the new tax amount to support Willow, Churchill and Hart Schools will be on the August property tax bills.

The legislation allowing the district to use $19.5 million as its fiscal year (FY) 2023 levy. Without this legislation, the district would be locked into using $17.8 million for its levy. 

A levy sets the amount of money a school district requests Cook County to collect from taxpayers to support the schools.

The November 2022 referendum was approved by more than 70% of voters. It raised the 30-year-old tax rate from $4.40 to $5.60 per $100 assessed valuation. However, when the Cook County Assessor’s Office reassessed property and the overall value dropped, District 153 lost the ability to collect an additional $2 million in new money for schools. 

The legislation is a correction so that District 153 can collect the full amount.

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