D-41 proposes $45M property tax levy
GLEN ELLYN – As proposed, the 2013 tax levy on Glen Ellyn School District 41 property owners will bring $45,157,672 into the district.
That tentative amount would support items such as education, operation and maintenance, and transportation funds, as well as outstanding bond issues, according to district records.
The proposed 2013 property tax levy represents a 4.57 percent increase, or $1,975,349, over last year's levy. However, the actual amount the district receives will likely be less than what's been proposed, depending on the finalized equalized assessed valuation (EAV), which is used to determine tax rates and will not be known until spring 2014, according to district records.
Officials expect the district will actually see an increase of 2.7 percent more than last year's levy, based on the most recent available numbers, said Bob Ciserella, assistant superintendent of finance, facilities and operations.
To determine its requested levy increase, the district prepared estimates of enrollment growth, staffing patterns, changes in EAV, and long-range plan priorities and financial projections to figure out the tax amount needed to fund its programs and services.
However, DuPage County calculates the final levy amount based on the Property Tax Limitation Act, ensuring the district does not exceed what is allowed. The amount of the district's levy request also affects the final calculation, according to district records.
Board Vice President John Kenwood said he was concerned about the gap between what the district is proposing to levy and what it will actually be allowed to receive and wondered if there was a way to decrease that difference.
"We've worked very hard over the past several years to narrow that number," Ciserella said.
In the end, both the proposed and anticipated levy increases are small percentages of 4.57 and 2.7 percent, respectively, board member Joe Bochenski pointed out.
The District 41 Board of Education will hold a public hearing on the proposed property tax levy at 7:15 p.m. Dec. 9 at the Central Services Office, 793 N. Main St. in Glen Ellyn.
At a meeting immediately after the hearing, the board is expected to vote on whether to adopt the levy as proposed.
Taxes levied this December will be collected in June and September 2014.
If you go
What: Truth in Taxation public hearing
When: 7:15 p.m. Dec. 9
Where: District 41 Central Services Office, 793 N. Main St., Glen Ellyn