Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
CCSD 62 board backs Cook County Tax Coalition resolution and weighs using recapture levy to offset shortfalls
Summary
Board approved a resolution supporting the Cook County Tax Coalition after members described delayed county property-tax distributions; the board also held an extended debate over whether to abate (capture) the district's recapture levy (~$2.4M) this year and directed staff to prepare a half-abatement resolution for the February meeting.
The CCSD 62 Board of Education on Jan. 20 approved a resolution from the Cook County Tax Coalition calling attention to delayed property-tax distributions that school officials say reduced the district's cash flow and could produce a substantial revenue shortfall.
Board member Mr. Bergman told the board that fall tax bills were issued late in mid-November and the district received about 60% of the expected property-tax dollars on Dec. 29–30. "We did receive 60% of the money due to us," he said, and referenced a letter from Cook County Treasurer Maria Pappas stating the remainder would be…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
