As Flossmoor village board members prepare to act on their final fiscal responsibility of the calendar year — approving the tax levy — there’s good financial news. Board members Monday approved an estimated municipal tax levy that shows a 3.36 percent increase over last year’s number. The final levy amount[Read More…]
Tag: tax levy
H-F Park District proposes $4.9 million levy
The Homewood-Flossmoor Park District is proposing a 2017 tax levy of $4,970,440. The board of commissioners will approve the levy at its 7 p.m. Dec. 5 meeting. The public is invited to offer comment. The meeting is at park district offices at 3301 Flossmoor Road in Flossmoor. If the[Read More…]
District 161 considers costs, benefits of abating tax levy
Flossmoor District 161 school board members continue to struggle with questions that will help them determine the next tax levy. Also at the Oct. 23 meeting, the board honored the Parker Junior High School cheerleading squad for its recent efforts at raising more than $500 in the Cancer Support Center’s Walk[Read More…]
Finance, performance questions shaping District 161 levy talks
Upcoming decisions about the Flossmoor School District 161 tax levy may come down to how three “guiding questions” are answered before a levy is enacted on Dec. 26. The Board of Education’s discussion continued at its Oct. 10 meeting. The dialogue is not just about deciding a new tax levy.[Read More…]
Homewood’s property tax levy accounts for fraction of village budget
Property taxes in Homewood next year will pay for less than one-fifth of the village’s general corporate services, which include most day-to-day municipal operations. According to the tax levy ordinance approved at the Dec. 13 village board meeting, property taxes for general corporate purposes are estimated at $3,467,250 for the[Read More…]
District 161 tax levy includes ‘huge increase’ from Meijer
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[Read More…]
Flossmoor levy seen as having ‘neutral’ effect on local property taxes
First the good news about the 2016 Flossmoor village tax levy, which was unanimously approved Monday night. The levy, according to Mayor Paul Braun, is expected to be “tax neutral” and will not lead to either a noticeable increase or decrease in the village’s portion of property tax bills next[Read More…]
District 153 files a $17.6 million tax levy
Homewood School District 153 is filing a tax levy for $17.6 million. The district’s 2015 tax levy was $16.6 million. Chief School Business Official John Gibson said that reflects a 6.07 percent increase, but he knows that the district will not receive that much additional revenue. The final tax rate[Read More…]