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Central CUSD 301 board approves tentative 2025 tax levy after presentation and public comment
Summary
After a presentation of projections and a public-comment period that included calls to limit levy growth to the rate of inflation, the Central CUSD 301 Board approved a tentative 2025 tax levy request; staff said the levy remains below the 5% Truth in Taxation threshold and will be finalized in December.
The Central CUSD 301 Board of Education on Thursday approved a tentative 2025 tax levy request after a staff presentation and a period of public comment.
District finance staff told the board they plan to ask for a levy of $60,910,000 while expecting to collect about $60,000,860, a figure staff said is under the 5 percent threshold that would trigger a Truth in Taxation hearing. Staff presented projections that assumed an equalized assessed value of…
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