Search Staff DirectoryBúsqueda en el Directorio del Personal

CCSD59.org

CCSD59 2018 Proposed Tax Levy Summary

English|Español

Key Facts:

  • A CCSD59 homeowner with a home valued at $249,250 would experience an estimated $3 increase in their annual tax bill as a result from the CCSD59 tax levy request.
  • The aggregate tax rate for CCSD59 (3.031%) remains the lowest among comparable northwest suburban elementary school districts (see chart at the end of this release).
  • Property taxes account for the bulk of school funding in the state of Illinois and is approximately 60% of CCSD59’s funding.
  • A property tax levy is the amount of property tax dollars a school district requests in order to operate the district for the upcoming school year.
  • A school district can only receive a tax levy up to the limit established by the county based on the final figures released by the county.
  • If a district establishes a levy that is lower than the final figures released by the county, the district does not have a way of adjusting the levy to receive the additional dollars due to the district.

A property tax levy is the amount of property tax dollars a school district requests in order to operate the district for the upcoming school year. Property taxes are the primary funding source for school districts, and property taxes account for approximately 60% of CCSD59’s funding.

Each year, the district requests a tax levy extension, or increase, in order to match the expenditure increases for cost of living, service and material costs, and other expenditures. A district relies on a property tax levy extension to match revenues with expenditures, and the amount of the tax levy increase is determined by a formula established by Illinois School Code.

The tax levy formula is created by a calculation that considers the previous year’s tax rate, the current Consumer Price Index, the equalized assessed value (EAV) of the properties within the district’s boundaries, and anticipated new growth of properties within the district’s boundaries.

This year, the 2018 proposed tax levy approved by the Board of Education on December 10, 2018, represents a 3.84% increase for tax capped funds. The tax levy the Board of Education approves is not a final figure, and it is not a requested 3.84% overall property tax increase. Rather, it is a request based on estimations of the items in the tax levy calculation above. Since the final figures for equalized assessed value of properties and new growth are not known until the spring of the year following the board approved tax levy, a school district must estimate what they believe the final figures will be.

To understand the calculations of the impact of the estimated extension of the 2018 rate compared to the actual 2017 tax rate on a CCSD59 homeowner, please review the following example:

 

2017 2018
Home Median Fair Market Value $249,250 $249,250
Assessed at 10% 10%
Assessed value $24,925 $24,925
Times county multiplier (est in 2018) 2.9627 2.9627
Less homestead exemption ($10,000) ($10,000)
Equals Adjusted EAV $63,845 $63,845
Times CCSD59 tax rate extension (est in 2018) 3.031% 3.035%
Total taxes due CCSD59 $1,935 $1,938
Difference between 2017 and 2018 taxes due $3

 

If the assumptions are correct for the 2018 levy extension, in this example the CCSD59 homeowner would have a $3 increase in their tax bill as a result from the CCSD59 tax levy request.

A school district can only receive a tax levy based on the final figures released by the county. If the school district establishes a levy that is higher than the final figures, the district will only receive what is allowable by law, which is the final calculation based on the actual numbers as established by the county. For example, if a district sets a tax levy at 4% increase, but the county numbers that are released the following spring equate to a levy rate increase of 3%, the district will only receive a 3% levy increase.

If a district establishes a levy that is lower than the final figures released by the county, the district does not have a way of adjusting the levy to receive the additional dollars due to the district. Once a levy is filed, it can not be increased. For example, if a district filed a levy for 3%, but the figures released the following summer by the county could have resulted in a 4% levy, the district can not go back and change the levy to access the additional 1%. The revenue lost from the lower request would be permanently lost and has a compounding effect on all future levies.

A district will request a rate higher than what might be anticipated in order to ensure they have the opportunity to receive all the money allowable by the law. As stated above, a district can not receive more than what the law allows by the property tax levy calculation, so even if the requested levy is higher than the results of the final levy figures, the district will only receive what is established by the final EAV and new growth figures.

For more information about the CCSD59 tax levy, please visit our Tax Levy Frequently Asked Questions page by clicking here. For any questions or inquiries about the CCSD59 2018 tax levy, please email Vickie Nissen at [email protected].

Tax Levy Graph

  • 5 essentials cover
    5Essentials Survey - Improve Your School's Effectiveness ENCUESTA DE 5ESSENTIALS - MEJORA LA EFECTIVIDAD DE TU ESCUELA

    5Essentials Survey - Improve Your School's Effectiveness ENCUESTA DE 5ESSENTIALS - MEJORA LA EFECTIVIDAD DE TU ESCUELA

    Dear Parent or Guardian, At the start of each calendar year teachers, parents, and students across Illinois have the opportunity to participate in the annual…Estimado padre de familia o tutor, Al inicio de cada año natural, los maestros, padres y estudiantes en Illinois tienen la oportunidad de participar en…

    Continue ReadingSiga Leyendo
  • Visit Cover
    Peoria Educators Travel Across State to Witness CCSD59 Learning Outcomes

    Peoria Educators Travel Across State to Witness CCSD59 Learning Outcomes

    Different aspects of the curriculum design at CCSD59 have attracted a number of representatives from other districts over the years. Educators have traveled to our…

    Continue ReadingSiga Leyendo
  • DL Cover
    CCSD59 Invites You to Spanish Dual Language Parent Information NightsCCSD59 los invita a noches de información dual en español para padres

    CCSD59 Invites You to Spanish Dual Language Parent Information NightsCCSD59 los invita a noches de información dual en español para padres

    Members of the Multilingual Program in CCSD59 would like to once again invite parents to learn about the dual language opportunities throughout the district. If you…Los miembros del Programa Multilingüe en CCSD59 desean una vez más invitar a los padres a aprender sobre las oportunidades de lenguaje dual en todo…

    Continue ReadingSiga Leyendo
  • cover
    CCSD59 Students, Staff Relish in Giving Back During the HolidaysEstudiantes CCSD59, personal complacen en devolver durante las fiestas

    CCSD59 Students, Staff Relish in Giving Back During the HolidaysEstudiantes CCSD59, personal complacen en devolver durante las fiestas

    "If I could say one thing to the people I helped, it would be: it was a great thing helping you.” -Allison, fifth grade student…“Si pudiera decir una cosa a la gente a la que ayudé, sería: fue genial ayudar.” Allison, estudiante de quinto grado en Juliette Low En…

    Continue ReadingSiga Leyendo
  • Board Updated Thumb 7
    CCSD59 2018 Proposed Tax Levy SummaryResumen del impuesto propuesto 2018 de CCSD59

    CCSD59 2018 Proposed Tax Levy SummaryResumen del impuesto propuesto 2018 de CCSD59

    Key Facts: A CCSD59 homeowner with a home valued at $249,250 would experience an estimated $3 increase in their annual tax bill as a result…Información clave: Un propietario de un hogar de CCSD59 con un valor de $249,250 experimentaría un aumento estimado de $3 en su factura de impuestos…

    Continue ReadingSiga Leyendo
  • hope center cover
    Admiral Byrd Students Making a Difference at Hope Center

    Admiral Byrd Students Making a Difference at Hope Center

    “The mission of this project is to bring hope to people who have cancer, to say to them that we care. We are doing this…

    Continue ReadingSiga Leyendo
  • Brentwood Cover 2
    Former Brentwood student surprises sister, class after military trainingLa ex alumna de Brentwood sorprende a su hermana, clase después del entrenamiento militar

    Former Brentwood student surprises sister, class after military trainingLa ex alumna de Brentwood sorprende a su hermana, clase después del entrenamiento militar

      While Veterans Day was several weeks ago, a small gesture by a group of Brentwood students has extended the celebration into December. The Brentwood…Mientras que el Día de los Veteranos fue hace varias semanas, un pequeño gesto de un grupo de estudiantes de Brentwood extendió la celebración hasta…

    Continue ReadingSiga Leyendo
  • SCHOOL CLOSING THUMB 2
    School Cancelled - November 26, 2018 Escuela cancelada - 26 de noviembre de 2018

    School Cancelled - November 26, 2018 Escuela cancelada - 26 de noviembre de 2018

    Due to weather conditions, all CCSD59 schools will be closed on Monday, November 26, 2018. All CCSD59 activities at all schools are also canceled, including…Debido al mal clima, todas las escuelas de CCSD59 estarán cerradas el lunes, 26 de noviembre, 2018. Todas las actividades de las escuelas del Distrito…

    Continue ReadingSiga Leyendo
  • Board Updated Thumb 7
    Winter Weather School Closing Guidelines 2018Pautas para el cierre de escuelas por clima invernal 2018

    Winter Weather School Closing Guidelines 2018Pautas para el cierre de escuelas por clima invernal 2018

    As we enter the winter months, CCSD59 would like to update you on decisions that contribute to closing school in the event of a weather-related…Estimados padres de familia y tutores: Al comenzar los meses de invierno, el Distrito 59 desea informarles acerca de las decisiones que contribuyen al cierre…

    Continue ReadingSiga Leyendo
  • Rupley Breakfast
    Rupley Kicks off Thanksgiving Break with Breakfast

    Rupley Kicks off Thanksgiving Break with Breakfast

    “I am very thankful to find other parent volunteers who are like-minded and want to help the kids and support the school. I am also…

    Continue ReadingSiga Leyendo
  • Survey Thumb
    2018-19 Parent Survey ResultsRESULTADOS DE LA ENCUESTA DE PADRES 2018/19

    2018-19 Parent Survey ResultsRESULTADOS DE LA ENCUESTA DE PADRES 2018/19

    CCSD59 would like to sincerely thank the 1,414 parents and guardians who participated in our Fall 2018 Parent Survey. This honest, in-depth feedback is invaluable…CCSD59 quisiera agradecer sinceramente a los 1,414 padres y tutores que participaron en nuestra encuesta de padres de otoño de 2018.  Esta retroalimentación honesta y…

    Continue ReadingSiga Leyendo
  • Engineering Cover
    Engineering a Career PathUna trayectoria profesional a la Ingeniería

    Engineering a Career PathUna trayectoria profesional a la Ingeniería

    Not many programs allow students to hear from speakers that have been in outer space. That elite distinction translates to a reservoir of knowledge, one…No muchos programas permiten que los estudiantes escuchen a oradores que han estado en el espacio exterior. Esa distinción de élite se traduce en una…

    Continue ReadingSiga Leyendo