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Hinckley-Big Rock board files preliminary tax levy to capture expired TIF growth; Truth in Taxation hearing set for Nov. 19
Summary
The Hinckley-Big Rock Board discussed a preliminary tax levy request that exceeds the 5% threshold to ensure the district captures new property growth from an expired TIF in Sugar Grove; a Truth in Taxation hearing is scheduled for Nov. 19, 2025 at 6:15 p.m.
The Hinckley-Big Rock Community Unit School District #429 board on Oct. 15 reviewed a preliminary tax levy that exceeds the 5% cap to allow the district to collect all tax revenue tied to new property growth from an expired Tax Increment Financing district in Sugar Grove. Dr. Jessica Sonntag presented the proposal and told the board that surpassing the 5% request is a technical step to capture growth and does not itself mean homeowners will see a 5% tax increase.
The board was informed a Truth in Taxation hearing will be held Nov. 19, 2025 at 6:15 p.m. before the regular meeting so members of the public may comment on the levy. The discussion at the meeting focused on the district's intent to recover growth-related revenue and on timing rather than on a final levy amount.
