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Presenter tells Round Lake board a 1% Lake County sales tax could have generated roughly $121 million countywide; district’s share about $6.6 million
Summary
PMA Securities’ Tammy Beckwith Shalmo told the Round Lake Area Board of Education that a hypothetical 1% county school facility tax in Lake County would have produced just over $121 million in a recent 12‑month period and that Round Lake’s share based on fall 24/25 enrollment would be about $6.6 million; the presentation covered allowable uses, ballot mechanics and timing for a possible November 2026 referendum.
Tammy Beckwith Shalmo of PMA Securities briefed the Round Lake Area Board of Education on March 30, explaining how a countywide sales tax dedicated to school facilities (commonly called CSFT) works, what it can and cannot pay for, and the timeline and mechanics for placing a question on the ballot.
Beckwith Shalmo said the most recent Illinois Department of Revenue data (Nov. through Oct. 2025) show that “if a 1% sales tax had been in place in Lake County for the benefit of school facility purposes, that would have totaled just over $121,000,000 in that 12‑month period.” She told the board that, based on the district’s fall 2024–25 enrollment of about 6,358 students (roughly 5.4% of Lake County public school enrollment), Round Lake’s portion would have been “just under $6,600,000” in the first year.
The presentation summarized statutory constraints and…
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