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Wilmette SD 39 previews 2024 tax-levy estimate, warns of reassessment swings
Summary
District staff told the board the district's estimated tax-levy request for the 2024 year would be about a 5.8% increase (3.4% CPI plus 2.4% for new growth) and explained how equalized assessed value, CPI and new property growth shape the levy and timing for taxpayer bills.
District staff on Monday walked the Wilmette SD 39 Committee of the Whole through the multi-step tax-levy calendar and preliminary levy estimates for the 2024 tax year, saying the district's current constructed request would be roughly a 5.8% increase.
Staffer Corey (presentation) told the board the district relies on property taxes for a little over 80% of its revenue and outlined three drivers that determine how much the district can extend: equalized assessed value (EAV), the consumer price index (CPI) and new property…
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