Public Hearing on 2018 Tax Levy
The District 27 Board of Education held a public hearing on the 2018 Tax Levy at the December 6th Board Meeting.
The tax levy represents the 2017 Consumer Price Index (CPI) of 2.1% and an additional 1.88% for new and/or redeveloped property in the District. The total tax levy of 3.98% is an increase over the previous year's property tax extension for a total dollar amount of $27,483,734.
Key financial assumptions providing the context for the recommendations include the District's equalized assessed valuation (property values,) assessed valuation division by class, new property history, rate of inflation, and other economic factors that are impacting school funding.
District 27 continues to be in a strong financial position. This levy, approved by the Board after the public hearing, is part of a conservative approach to financial planning that allows the District to maintain excellence while seeking to use taxpayer dollars responsibly.
2019-2020 Calendar Approved
The Board of Education also approved the 2019-2020 calendar.
The first day of school for students will be August 21, 2019 and the last day (with no emergency days) will be June 4, 2020.
Winter break will begin December 21, 2019. School resumes on January 6, 2020. Spring break will begin on March 21, 2020. Students return to class on March 30, 2020.