The tax levy is the amount that a school district requests from property taxes to provide sufficient revenue to maintain its schools and to conduct programs for the education and benefit of all children residing in the school district. The tax extension is the amount that a school district expects to receive.
How much can the district increase the tax levy/extension?
Per the Property Tax Extension Limitation Law (PTELL), District 155 is “tax capped,” meaning annual tax extensions are limited by the Consumer Price Index for All Urban Consumers (CPI-U) for the prior calendar year or 5%, whichever is less. For the 2016 calendar year, the CPI-U was 2.1%. Thus, the district cannot increase its 2017 tax extension on its existing tax base by more than 2.1%.
Why is the tax levy important to District 155?
The tax levy is District 155’s largest, most stable source of revenue. It provides 74% of the district’s total revenue as well as operating revenue.
When is the last time District 155’s tax extension and tax rate were increased?
District 155 last increased its taxes almost three years ago. District 155 has reduced its tax extension and tax rate for each of the last two years (tax year 2015 & tax year 2016). In TY2015, the board approved a flat tax levy.
How does holding the levy flat financially impact the school district?
Based on the board’s decision to hold the tax levy flat in 2015, the estimated savings to District 155’s collective tax base is almost $2.4 million to date. However, since each tax extension is limited by the prior year’s tax extension, a “flat levy” means that largest source of district revenue will not keep up with inflation. Money declined by a district via a “flat levy” cannot be recuperated in the future without a voter referendum.
Does the district’s proposed tax levy mean that a taxpayer will pay 2.1% more in taxes to District 155?
Not necessarily. In totality, D155’s existing tax base will see an increase of 2.1%. However, individual tax bills may go up or down based on housing assessments. Community High School District 155 has no control over housing assessments or Equalized Assessed Value (EAV).
How will District 155’s proposed 2.1% tax increase impact…
...a $200,000 house:
... a $250,000 house:
… a $300,000 house:
Why does District 155 need to increase its tax levy?
Tax-caps are designed to keep up with inflation. Additionally, District 155 facilities have significant levels of deferred maintenance. D155 buildings and grounds need approximately $50 million of work over the next 10 fiscal years. District 155 has no mechanism to fund its capital improvements other than local taxpayer funds. Also, D155 currently has contracts in place that escalate through the 2018-2019 school year.
What is the timeline for the tax levy process?
October - Present/Approve Tentative Tax Levy
November - Approval Final Tax Levy
Spring of following year - Final property values become known - Tax rates are calculated
How is the district remaining fiscally responsible with my tax dollars?
The district operated “in the black” with operating revenues exceeding operating expenditures for the last three fiscal years (FY15, FY16, FY17). The 2017-18 D155 Budget is balanced. During the 2016-17 school year the district made personnel cuts including two administrators and approximately 14 teachers. Most building and departmental budgets also have been reduced for three consecutive years. Currently, D155 is exploring relocating its District Administration Center or its Haber Oaks Campus into an existing district facility.
Why doesn’t the district spend its cash reserves?
Cash reserves are necessary to ensure fiscal stability in almost any organization. It is in the best interest of our students and community to maintain adequate cash reserves to provide an excellent education for all students in D155. Additionally, reserves help to withstand a fiscal downturn, fund unanticipated needs, improve an institution's credit rating, or simply fund operations if other anticipated revenues are not received timely.
CLS Theatre invites you to attend this year's Variety Show where we will showcase the many talents of our CLS Gators! The show begins at 7 p.m. on Friday, October 27, and typically features 12-16 entertaining acts. In the past, we've had vocalists, instrumentalists, dancers, comedians, and rappers - some performing solo and others with a group; you won't know what to expect, but we guarantee you'll enjoy the show! Tickets are $5 at the door. Arrive early to snag the best seats! (Note: Because this is a fundraiser, activity passes are NOT accepted.)
The Fall Choral Concert is Tuesday, October 17 at 7 p.m. in the Crystal Lake South Auditorium.
About 250 choral students will perform six ensembles. Student performers should arrive in the Crystal Lake South Auditorium by 5 p.m. Doors will open to the public at 6:30 p.m. Admission is free, but a donation box will be available for those who would like to contribute.
“Just being back in this environment, we all missed Crystal Lake so much, it’s a great community, it’s a great school, and we love everybody here and just to be back and celebrate with all of them it’s going to be really fun and overwhelming,” said Nick Wolski, Crystal Lake South graduate.
Several players who graduated are now playing baseball at the collegiate level. Despite having classes and practices, they found a way to make it back in time for the ceremony.
“I’m looking forward to getting everyone back together and having everyone here is really exciting. It was the time of my life everyone. Everyone played really well, we came together and we came out on top,” said Scotty Skwarek, Crystal Lake South senior.
Coach Brian Bogda received several accolades including being named the Northwest Herald’s coach of the year. He was also interviewed as part of the Championship Corner by 1 Pitch Warrior.
“A memorable, remarkable season. The guys played
together as a team. I’m really proud of the guys and they’re all back here tonight for the ceremony and that says a lot about them,” said Coach Brian Bogda.
While the team waited to receive their rings, they reminisced about the 2016-17 season and the moment strike three was called during the championship game.
“I got to spend four years of my life playing a game I love with my best friends,” said Wolski.
The fall edition of the Principal Newsletter is now available. Learn more about student leadership, growth in student achievement, and CLC activity highlights.
Click here to view the Principal Newsletter
Do you know of anyone in the community that needs help with raking leaves? Elderly or people who could use some helping hands? National Honor Society wants to help Crystal Lake with fall leaf raking. If you know of someone that we can help, please send us their name, address and phone number. Please email email@example.com.
CG Drama presents EURYDICE October 19 at 7 p.m. and October 20 & 21 at 7:30 p.m. In EURYDICE, Sarah Ruhl re-imagines the classic myth of Orpheus through the eyes of its heroine. After dying too young on her wedding day, Eurydice must journey to the underworld, where she reunites with her father and struggles to remember her lost love. With contemporary characters, ingenious plot twists, and breathtaking visual effects, the play is a fresh look at a timeless love story. Tickets are $5 students/seniors and $8 adults. Activity passes are accepted. Purchase tickets here. Visit www.carygrovedrama.org for more information.
The first annual Prairie Ridge Zombie Run will take place on Wednesday, Oct. 25 at the Prairie Ridge athletic track. Registration and costume judging will begin at 4:00 and the race will start at 5:00 p.m.
All proceeds will go to help support Red Cross disaster relief.
Online registration until Oct. 24, T-shirt registration deadline is Monday Oct. 16 at 3:00 p.m.
Click on this link to register, or go PR website, click Athletics, Summer Camp Registration, Academics and Activities, PR- click on Zombie run link.
The Cary-Grove Music Department presents a clinic with Allison Miller and her band Boom Tic Boom October 21 from 2 p.m. – 4 p.m. in the Cary-Grove choir room. Entrance is free and seating is general admission. Hailed by Downbeat Magazine as one of the top 20 jazz drummers, Allison Miller brings her critically acclaimed band, Boom Tic Boom, to Cary-Grove High School for a clinic and performance with the Cary-Grove Jazz Combo.
National Honor Society will sponsor a Blood Drive in partnership with Lifesource on Tuesday, October 31, 2017 from 7:30 a.m. - 2:30 p.m. It will take place in the main gym. To schedule your appointment please contact any member of the National Honor Society or Mrs. Penn in the Faculty Office.
To prepare for your donation, eat well, stay hydrated and bring your ID.
Click here to view and download the consent forms.