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District 186 adopts 2025 tax levy resolutions after public hearing with no speakers
Summary
After a public hearing with no speakers, the board approved the general tax levy and a set of special tax levies and bond‑related resolutions; business report disclosed outstanding state payments of $2,565,096.39 and detailed capital project balances and sales‑tax receipts.
The Springfield School District 186 board opened a public hearing on the proposed tax levy and, hearing no comments, closed the hearing and returned to regular business. The board then adopted the general tax levy resolution and a set of related special levies and bond‑service adjustments.
Mister Miller delivered the business report and said outstanding state payments for fiscal year 2026 totaled $2,565,096.39 as of Nov. 24, 2025, with $2,414,379 due to the Education Fund, $140,164.87 to special projects and $10,552.52 to food service. He reported Capital Projects Fund beginning investments of $95,185,644.06 with October revenues of $278,129.42 and bond draws/expenses of $7,259,653.43 yielding an ending balance of $88,204,120.05. October sales‑tax receipts were $1,364,429; the district has received roughly $76,022,007 in sales tax since 2019, he said.
On the levy items, Miller walked trustees through the general levy certificate and filing timeline with the Sangamon County clerk and recommended adoption. The board approved the general tax levy resolution by roll call (recorded as seven aye votes).
The board also adopted four related resolutions: special tax levies to fund municipal retirement ($3,641,551), Social Security/Medicare ($3,865,727) and special education ($3,861,522); a CPI adjustment for the district’s general obligation limited tax school refunding bond series 2022 (using 2025 CPI of 2.9% to inform the DCEB calculation); and a resolution abating certain 2025 tax levies for alternate‑revenue bond series. The motions were passed in roll‑call votes recorded in the meeting minutes.
Miller explained that PPRT (formerly CPPRT) is a historical state replacement for corporate personal property tax and that district practice has been to allocate PPRT across several funds to offset deficits and stabilize the operating budget. Board members discussed the local reliance on property taxes and the difficulty of predicting PPRT amounts year to year; Miller said the district uses 12‑month averages and prior receipts to estimate collections.
What happens next: the president and secretary are authorized to sign the levy certificate and file it with the Sangamon County clerk on or before the last Tuesday in December; the district will continue monitoring PPRT and sales‑tax receipts and report back to the board.
