District 47 Board Considers 2020 Proposed Tax Levy
At the District 47 Board of Education meeting on November 16, 2020, the Board voted 6-0 to adopt a tentative tax levy. The requested aggregate amount of total property taxes to be levied for 2020 is $76.59 million. This reflects a 2.56 percent increase based on last year’s extended tax levy. Over the past five years, the overall tax rate has decreased from $4.39 (2014) to an estimated $3.83 (2020). The approved increase translates to about $54 on a home valued at $200,000 in 2020.
“We greatly appreciate and rely on the support of the community and local tax dollars that help us carry out our mission of “empowering all students,” said assistant superintendent of business Cathy Nelson.
The D47 Board is expected to vote on the proposed tax levy at the next Board of Education meeting on Monday, December 14, 2020, at 7 p.m.