Crystal Lake High School District 155 is holding it tax levy Board meeting and has issued the following press release:
2016 Tax Levy
by Shannon Podzimek in District Office
District 155’s 2016 recommended tax levy will reduce D155’s tax extension for the second year in a row.
[The tax extension is the amount of taxes to be collected by the McHenry County Treasurer.]
The estimated reduction to D155’s collective tax base is approximately $800,000.
As long as our D155 communities experience any property value growth (as anticipated), the D155 2016 tax rate will decline for the second year in a row.
The board voted (6-0) to adopt a tentative tax levy at the November 15 board meeting.
The board is expected to vote on the 2016 tax levy at the Board of Education meeting on [Tuesday,] December 13 at Crystal Lake South High School at 7:30 p.m.
The tentative levy must be publicly considered at least 20 days prior to board approval and then filed to the county clerk(s) by the last Tuesday in December.
The 2016 Tax Levy presentation is available to view here.