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Indian Prairie CUSD 204 presents $360.5 million tentative levy, projects $3 million in new revenue
Summary
Finance director Matt Shipley told the board the district’s tentative 2025 operating levy request is $360,500,000 — a roughly $14.4 million (4.1%) increase aligned with the district’s FY2026 budget; Shipley said assessed-value growth (~$70 million) will lower the district tax rate for many taxpayers, though individual bills may rise due to reassessments.
Matt Shipley, the district’s finance director, presented the required tentative levy overview and said the board is recommending “a tentative operating levy of $360,500,000,” an increase of about $14,400,000 from last year (roughly 4.1%). He said the operating-levy increase is constrained by the 2024 consumer price index (2.9%) plus an allowance for new property and that counties will adjust the levy in the spring to reflect actual new-property totals.
Shipley described how the property-tax process intersects with township assessors, county supervisors and the…
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