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Skokie School District #73.5. 2009 Tax Levy. Prepared by Cyndi Cohen December 8, 2009. Truth in Taxation. Approval of the Estimated Levy Publication of Estimated Levy Public Hearing Board Approval of Levy File with Cook County Clerk by last Tuesday in December. Tax Levy - 2009.
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Skokie School District #73.5 2009 Tax Levy Prepared by Cyndi Cohen December 8, 2009
Truth in Taxation • Approval of the Estimated Levy • Publication of Estimated Levy • Public Hearing • Board Approval of Levy • File with Cook County Clerk by last Tuesday in December
TaxLevy- 2009 • “Tax Cap” - the County Clerk will not extend any tax levy beyond what the Property Tax Extension Limitation Law (PTELL) allows regardless of the amount levied • Increase 5% or CPI, whichever is less • Factors that affect tax levy extended by County Clerk: • Consumer Price Index (CPI) – .1% • New Property Growth