OV school district proposes 9.1 percent
increase in new money
by Derek Pope
Near the end of the fiscal year, towns and school districts across Illinois are tasked with deciding what amount they will increase property tax levies for the next calendar year. Sometimes these tax increases go largely unnoticed for residents, as city councils and school boards alike can pass up to a five percent increase without notifying the public. But when the financial climate necessitates larger tax increases or the introduction of new taxes, these institutions are required to provide an open opportunity for discussion with the communities they govern.
Login or Subscribe to read the rest of this story.