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Cook County SD 130 staff presents estimated 2025 tax levy proposing a 4.99% increase
Summary
District staff presented Resolution 2026-054 estimating a $34,463,000 levy — a 4.99% increase — explained assessed-value calculations, and said the levy could be presented for approval to meet a Dec. 16 adoption timeline; the transcript records no final vote.
District staff presented Resolution 2026-054 at the Nov. 18 special meeting, describing how Cook County assessment levels and the equalizer produce an equalized assessed value and how the district arrived at the proposed levy.
The presenter explained assessment rules used in the calculation — 10% for residential and 25% for commercial in Cook County — and an equalizer (about 3%) that produces the equalized assessed value used to calculate taxes. “Ultimately, when you add all these amounts together for every fund… we’re gonna be asking for $34,463,000 which amounts to a 4.99% increase over the last year,” the presenter said.
The staff presentation broke down prior-year numbers: the prior year’s requested levy was listed as $33,285,000 and reported receipts as $32,824,255; staff said the district received state funds via a property tax relief grant and referenced an evidence‑based funding component that affected earlier receipts. The presenter walked the board through fund-level allocations and said about $23,000,000 (roughly 67% of the proposed levy) would go to education funds, with other portions directed to special education and life-safety accounts.
Staff said if the board approves the levy at the present meeting, it would meet a three-day notice requirement for the district’s anticipated Dec. 16 board meeting and allow staff to file the levy on or about Dec. 17. The transcript does not include a recorded vote or final adoption within the provided segments.
A board member asked about an apparent 30% increase in assessed value; staff clarified that the district’s equalized assessed value rose from about $574,000,000 in 2022 to roughly $729,000,000 the next year because of assessment adjustments.
Next procedural steps noted by staff: presentation to the board for approval, meeting the three‑day notice requirement if approved that day, anticipated adoption on Dec. 16, and filing of the levy around Dec. 17. The transcript contains numerical details that appear inconsistent in places and should be verified against official levy documents before publication.
