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Woodland District 50 holds tax‑levy hearing and approves 2024 levy package
Summary
After a public levy hearing, the Board of Education approved a package of 2024 tax‑levy resolutions — including operating, special education and working cash levies — and certified compliance with Truth in Taxation. Officials cited an estimated 11.24% EAV growth and modeled homeowner impacts.
The Woodland Community Consolidated School District 50 Board of Education held a public tax‑levy hearing on Nov. 21, 2024 and subsequently approved a slate of levy resolutions and compliance documents.
During the hearing, the district finance presenter reviewed the levy mechanics — distinguishing the operating levy, the county’s extension calculation and the bond‑and‑interest extension — and said the county’s latest estimate for equalized assessed value growth is 11.24% with roughly $3,300,000 in new construction. The presenter noted the consumer price index used in levy calculations was 3.4% and explained the district’s typical practice of requesting an amount higher than the expected extension to avoid permanently under‑levying.
Why it matters: The levy sets the district’s ask to the county for property tax extension, which funds salaries, benefits, curriculum and other operating costs. The board’s request and the county’s extension together determine what taxpayers ultimately pay.
The presentation included modeled numbers showing the district’s previous capped extension at about $77,600,000 and a requested capped extension of roughly $81,400,000; the presenter said estimated actual extension receipts could be closer to $80,400,000 once county calculations are finalized. He also highlighted debt service obligations of about $5,700,000 and showed example homeowner impacts for properties valued between $250,000 and $350,000 under the modeled assumptions.
Board action and votes: After public comment was invited (none signed up), the board voted on five related motions: approval of the 2024 tax levy resolution and certificate; approval of the resolution to levy taxes for certain purposes; approval of the resolution to levy certain special education taxes; approval of the resolution to levy working cash tax; and approval of the certificate of compliance with Truth in Taxation law. Each motion passed on recorded roll‑call votes with a 6‑0 tally.
What’s next: The board approved the tentative levy amounts. The district must file the certificate by the county deadline, and the county will compute the final levy extension; the presenter said taxpayers will see the district’s extension reflected in the next fiscal cycle.
