Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Taxation topic
No spam. Unsubscribe anytime.
Board accepts proportional tax-rate reductions, approves Consolidated Plan and amends counseling contract
Summary
The board reported it exceeded its calculated limiting rate and accepted automatic, proportional rate reductions to optimize extensions; it approved the Consolidated Plan submitted to ISBE and approved an amended contract with KP Counseling.
Get email alerts on the Budget Taxation topic
No spam. Unsubscribe anytime.
The board discussed the property tax extension update and recorded that the district exceeded the calculated Limiting Rate. The minutes state the board accepted the automatically and proportionally reduced rates to give each fund the best extension scenario.
Board members called attention to an upcoming HB 1237 during the meeting but the minutes do not associate specific action with the bill at this meeting. The board then approved the Consolidated Plan as submitted to the Illinois State Board of Education (ISBE) and approved an amended contract with KP Counseling by roll-call vote (all ayes). The minutes do not list financial terms for the amended KP Counseling contract in the meeting text.
