Tuesday, December 18, 2012
Board unanimously adopts tax levy of a 4.98 percent increase.
The Oswego 308 Board of Education voted unanimously to adopt the 2012 tax levy with a 4.98 percent increase, or the amount of $93,275,900 on Monday night. In coming to this decision, Assistant Superintendent Paul O’Malley reiterated to the public and board that the Oswego school district had started the budget process earlier with a $7.4 million deficit that they were able to over several months cut down to $2.6 million. He also noted that the school district’s General State Aid was reduced by $4.1 million, which had it been available would have resulted in a much different outcome. That deficit was approved in the 2012-13 school year budget and involved cuts across many areas, but O’Malley picked out the $1.2 million cut made in the …
Wednesday, November 28, 2012
Assistant superintendent Paul O’Malley said actual amount is expected to be reduced through the County clerk.
The Oswego District 308 school board voted 6-0 in favor of adopting the 2012 tentative levy with a 4.98 percent increase. Assistant superintendent Paul O’Malley said this levy is just a proposal that must still be approved by the County clerk. He said the clerk is expected to reduce the proposal from the suggested 4.98 percent to near 3.1 percent. “The reason we levy higher is there could be new property,” said O’Malley. “If we fail to capture that new property, those new obligations will fall on the current taxpayer.” Want free local news in your inbox every morning? Sign up for our newsletter. For example, O’Malley provided a home assessed at $300,000 and said under the new levy there would be an increase of about $8 a month, or about $…
Tuesday, November 20, 2012
Commissioners hear from Kendall County Tax Revolt members before vote.
After intense public commentary and discussion between commissioners, the Oswegoland Park District Board voted to approve this year’s tax levy with a reduction of 5 percent from last year. Prior to the tax levy discussion, several community members spoke in support of a Kendall County non-binding 20 percent levy reduction that 71 percent of voters approved Election Day. Jan Alexander, a member of the Kendall County Property Tax Revolt, said she wanted the park board to take the cuts seriously. “Your services don’t save lives,” she said. “We want some cuts.” Oswego resident Richard Ayers added that the “board doesn’t have proper respect for citizens.” Another resident,, Dave Peterson, said he felt the park district wasn’t a luxury and that…
Wednesday, October 31, 2012
Five of the six candidates sound off during WSPY event.
At a candidate’s forum last week, County Board District 1 candidates sounded off on various issues, including the tax levy, health insurance and a controversial raise proposal. During the event hosted by WSPY the candidates fielded questions from area reporters and audience members during the brief session. County Board Chairman John Purcell, who is seeking re-election, was unable to attend the forum. Candidates were asked if they would take the health insurance provided to elected officials. Matt Prochaska and Amy Cesich said they would not accept the insurance. Cesich said she did not believe part time officials “should have better access (to insurance) than the people they serve.” Judy Gilmour did not provide a definitive answer, saying…
Monday, October 22, 2012
They discuss the Kendall County Property Tax Revolt's referendum on reducing levies by 20 percent.
The Kendall County Property Tax Revolt's referendum sounds like a pie-in-the-sky concept: Should every taxing body reduce its levy by 20 percent next year? Some area leaders, including Yorkville Mayor Gary Golinski, have said they can realistically reduce their levy - or the dollar amount the government seeks in property taxes - but not by 20 percent. Those behind the referendum started with a push to educate residents about their property tax bills and ended up circulating petitions to get the question on the ballot. The results are advisory and will not require government leaders to do anything. The current county board is working on the budget for the fiscal year that starts Dec. 1. Last year, County Board members didn't levy as much as…
Saturday, October 6, 2012
Kane Board chairman pushes through zero-increase levy after Finance Committee chair suggests a tax increase.
Saturday, October 6, 2012
After the Kane County Board Finance Committee Chairman proposed a 2013 budget that would raise the property tax levy in spite of declining real estate values, Board Chairman Karen McConnaughay countered with her own budget proposal that freezes the levy on existing property for the second consecutive year. "I could not stand by and watch an irresponsible budget increase the burden on the taxpayers," said McConnaughay, Republican candidate for state senate in the 33rd District. "When property owners are seeing values go down it is unconscionable to raise their taxes, especially without any coherent reason why." County Finance Committee Chairman Jim Mitchell wrote a budget that increased the county tax levy in spite of a 6.8 percent decrease…
Tuesday, December 13, 2011
The Village Board approved an increased property tax levy Monday night, along with a dozen levies from the village's special service areas. But resident Patricia Cornele discovered an error that led to a $6,000 reduction for her subdivision.
Montgomery trustees on Monday narrowly approved an increased property tax levy for 2012, including a proposal to collect $443,500 from the village’s 12 special service areas. But those who live in the Fieldstone Place subdivision will have to pay about $6,000 less than they expected, thanks to the determination of one of their neighbors. Montgomery levies money from its active special service areas to pay for maintenance of the naturalized basins in those neighborhoods, as well as grass mowing and other services the village provides. The amount of the annual levy from each special service area is based on those expenses, plus maintaining a reserve fund, according to Public Works Director Mike Pubentz. In the case of Fieldstone Place, a …
Thursday, November 17, 2011
With property values still dropping in 2011, the village of Montgomery is moving ahead with a slightly higher property tax rate. But Finance Director Jeff Zoephel says your village taxes should stay about the same.
With home values dropping once again, the village of Montgomery plans to ask for a higher tax levy next year than it did in 2011. But your actual village property taxes should stay about the same, according to Finance Director Jeff Zoephel. The equalized assessed valuation in Montgomery, both Kane and Kendall counties, is expected to drop another one percent in 2011, after plummeting eight percent in 2010, Zoephel explained at a Committee of the Whole meeting last week. Property values went down an estimated total of $28 million across the village, Zoephel said. In order to make up the same amount in property taxes, the village has to raise the levy. And they need that money, officials say, partially because the cost of doing business …