District 117 gets good news on final tax levy

By Jim McCabe on December 19 at 7:40am

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The JHS String Quartet performs for the District 117 school board at the start of last night's meeting.

It was a fairly light meeting to end the 2013 portion of the current school year for the District 117 board of education.

The main action item at last night’s meeting was the passage of the 2013 tax levy.

The district’s equalized assessed value for 2013 is $384 million.

The levy passed last night is $18.5 million, an increase of $878,000 from the 2012 extension. That means for a homeowner with a property with a market value of $100,000, the tax bill for the school district will be $1,312. That’s an increase of $48 from 2012.

A tentative levy was approved last month, and since that time, District 117 Superintendent Steve Ptacek says the numbers have improved.

“Compared to the tentative tax levy, we actually got our data more precise from the county assessor, and that increased our new construction or EAV, and the end result is that the tax levy rate is actually decreased for this month, the final, then the proposed [levy] last month,” says Ptacek.

“That’s good news. When we see the final is actually a reduced tax rate then what was the tentative, that’s the way we want it to go.”

The school board also voted to authorize administrators to begin the process of preparing a budget for the next fiscal year.