The Flossmoor District 161 Board of Education is still deliberating whether it will enter into an intergovernmental agreement with Homewood as the village continues its efforts to become a home rule community. A decision is expected in January but some board members are publicly stating their reservations. “I still[Read More…]
Tag: sales tax
School District 153 expects substantial benefit from Homewood home rule
If Homewood voters approve a home rule referendum March 20, it will have a special benefit for Homewood School District 153. The school board on Dec. 11 approved an intergovernmental agreement with the village and gave its approval to a resolution outlining the benefits from the proposed sales tax hike. [Read More…]
Vote on Flossmoor’s sales tax proposal expected Monday
Flossmoor village board members Monday are likely to ask residents to back a proposed referendum to raise local retail sales taxes by 1 percent. If approved by the board, the proposed sales tax initiative will appear on the ballot in the March 20 consolidated election.
Home rule could help District 153 schools meet its budget shortfall
Homewood District 153 anticipates a $760,000 windfall to its budget if Homewood residents support the home rule initiative. The village board is proposing to raise the sales tax by 0.25 percent and give the additional revenue to the other taxing bodies in Homewood — School Districts 153, 161 and 233,[Read More…]
It’s official: Tax sharing, easement agreement will help Glenwood deal with loss of Walmart
When Walmart announced late in 2013 that it planned to abandon its Glenwood store and set up shop two miles north on Halsted Street, Homewood Mayor Richard Hofeld pledged to share sales tax revenues with Glenwood to help ease the neighboring village’s financial pain. Now the pledge has been formalized and approved[Read More…]
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