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Lincoln Way District 210 board approves tentative 2024 tax levy; recommended 4.96% increase
Summary
District finance staff presented a tentative 2024 levy that would increase levy dollars about 4.96% (preliminary); board approved the tentative levy to be finalized in December. Administration said existing taxpayers collectively would see about a 3.4% CPI change on average.
The Lincoln Way Community High School District 210 board unanimously approved a tentative tax levy at its Nov. 21 meeting, setting the district on a path to finalize the levy at the December meeting.
District finance staff described the tentative levy recommendation as approximately 4.96% higher than last year in total levy dollars before final county adjustments. "Existing taxpayers, not on an individual by individual basis, but collectively, existing taxpayers will see an increase of just CPI or 3.4%," a district finance official said during the presentation.
Finance staff told trustees the levy calculation uses several inputs: preliminary taxable equalized assessed value (EAV) for the district (presented as roughly $6.1 billion before exemptions), new construction estimates, and last year's levy extension. The recommendation allocates levy dollars fund by fund and includes a modest increase in the transportation fund to address upcoming operational needs.
Staff emphasized that the preliminary EAV numbers are subject to county finalization and exemptions (typically reducing preliminary EAV by about 7% when finalized). The tentative levy allows the district to preserve eligibility to capture new construction growth and avoid shifting tax burdens to existing taxpayers.
Board members asked procedural and chart-clarifying questions during the presentation; staff said the final levy recommendation and any required public hearing will be presented in December (a public hearing is required only if a recommended increase exceeds 5%). The board voted to approve the tentative levy as presented.
Next steps: administration will finalize levy calculations with the county and return to the board for final adoption in December.
