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Board schedules public hearing on 2025 tentative property tax levy; district finance staff outline levy process
Summary
Community Consolidated School District 46 presented a tentative 2025 property tax levy, explained the Property Tax Extension Limitation Law (PTELL) and set a public hearing for Nov. 19; the board approved a resolution to publish notice and schedule the hearing.
The Community Consolidated School District 46 Board of Education received a presentation on the proposed 2025 property tax levy and voted Oct. 15 to adopt a resolution scheduling a public hearing on Nov. 19 and to publish legal notice, district finance staff said.
District staff explained the levy process, noting that the Property Tax Extension Limitation Law (PTELL) limits the amount property tax revenue may increase year over year to the lesser of 5 percent or the change in CPI plus new…
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