Indian Prairie board adopts 2025 tax levy; administration says rate is lowest since 2011
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Summary
The board adopted the 2025 tax levy Dec. 15. Administration said the levy uses 2024 CPI (2.9%) plus new property and estimates a district tax rate of about 4.55; a sample $507,000 home would pay about $187 more (≈2.9%).
The Indian Prairie Community Unit School District 204 Board of Education adopted the district’s 2025 tax levy and related resolutions at its Dec. 15 meeting.
Administration presented the levy during a public hearing earlier in the meeting, saying the operating levy as presented was 360,500,000, representing a 4.15% increase over the prior year’s extension — driven by the 2024 consumer price index of 2.9% plus an allowance for new property of about 1.25%. Administration said the levy complies with the Property Tax Extension Limitation Law (PTELL) and the Illinois School Code and that counties will adjust amounts based on final new property valuations.
Administration estimated the district tax rate at approximately 4.55 and provided an example: for a home with a market value of $507,000 the tax payment would increase by about $187, roughly 2.9%. The business office noted a bond and interest levy estimate of 27,200,000 and stated the district had roughly 222,000,000 of cash on hand as of June 30, 2025, with a one-time use of $12,000,000 included in the 2025–26 budget.
Board members moved and seconded the resolution adopting the 2025 levy, a working cash fund tax resolution and related policy references; the motion passed on a roll-call vote. Administration emphasized that county clerks will make final adjustments and that the district will not necessarily receive the total amount as levied.
What’s next: The levy was adopted. County review and final calculations will determine actual collections and final tax rates for property owners.
