DeWitte Pases Tax Cap Adjustment Bill

From State Senstor Don DeWitte:

DeWitte bill seeks to ensure schools, taxing districts receive all property tax money owed

Don Dewitte

Springfield, IL… Several Illinois schools are not receiving all of the property tax money committed to them through the tax extension process, and are losing thousands of dollars each year, said State Senator Don DeWitte.

Senate Bill 1043, sponsored by the Republican from St. Charles, which addresses the issue, passed out of the Illinois Senate on Friday, April 12.

SB 1043 seeks to address the concern that school districts, as well as all other taxing bodies, are losing funding due to refunds issued by county treasurers’ offices for Certificates of Errors and appeal adjustments, both of which are out of the control of the taxing district.   

“Several of my school districts have come to me about this issue, which is costing them thousands of dollars,” said Sen. DeWitte.

“In fact, Huntly School District lost nearly half a million dollars in just one year, and St. Charles School District has lost about $850,000 over the last several years.

“That amount of money could have covered the annual operating costs of several classrooms.”

Sen. DeWitte said that the reduction in a taxing district’s expected levy revenue is a result from the cancellations and abatements administered by the state and county offices.

These adjustments, made after a taxing body’s levy is approved and the tax bills are sent, are preventing taxing districts, such as schools, from receiving 100 percent of their publicly approved levy extensions.

Senate Bill 1043 now heads to the House of Representatives for consideration.

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The bill is summarized below:

Provides that a taxing district’s aggregate extension base shall be adjusted whenever an assessment increase or decrease due to the issuance of a certificate of error, a decision of the board of review, or a decision of the Property Tax Appeal Board results in the overextension or underextension of taxes for the last preceding levy year. Effective immediately.


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