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Deerfield District 109 staff recommend a 3.4% levy increase; Truth in Taxation hearing set for November
Summary
Finance staff told the board the administration recommends increasing the 2024 tax levy by the consumer price index (3.4%) and may add a supplemental debt service levy (approximately $45,000); the board will hold a Truth in Taxation hearing in November and must file the levy with the county clerk by December.
District finance staff presented the proposed 2024 tax levy to the Board of Education on Oct. 17, recommending a levy increase at the consumer price index rather than the statutory 5% cap alternative.
The presenter explained the levy is the district's 'ask' and the county clerk calculates the extension that becomes tax revenue. As presented, the district's recommendation is to set the levy at CPI…
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