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District 62 adopts $93.25 million levy after Truth in Taxation hearing
Summary
After a Truth in Taxation public hearing, the CCSD 62 Board of Education approved levy resolutions and certificates reflecting a $93,251,000 2025 tax levy (estimated rate $3.307 per $100). The board also discussed whether to retain approximately $2.4 million in Cook County recapture funds and will consider timing for any refunds.
The CCSD 62 Board of Education on Dec. 15 approved resolutions and certificates setting the district’s 2025 tax levy at $93,251,000 following a statutory Truth in Taxation public hearing.
Unidentified board staff opened the hearing and outlined the proposed levy, which the administration said reflects a 4.95% increase over the 2024 tax extension and an estimated total tax rate of $3.307 per $100 of taxable value. Administrators said the increase captures new construction and other revenue sources while noting…
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