22 Aug 2014
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D127 Board Votes on Proposed $44.4 Million Tax Levy Thursday

The Grayslake District 127 School Board will vote on the proposed 2012 tax levy following a public hearing tomorrow night.

D127 Board Votes on Proposed $44.4 Million Tax Levy Thursday

Grayslake Community High School District 127 is proposing a $44.4 million tax levy for 2012, which represents an increase of $1.9 million or 4.53 percent over last year.

The district anticipates the actual tax extension to be $44 million.

The school board will hold a levy hearing at 6:45 p.m. Thursday at Grayslake Central High School, 400 N. Lake St., followed by the vote and adoption during the regular portion of the meeting.

"As in the past, the recommendation is to increase the levy in order to continue to support the high level of student achievement in Grayslake Community High School District 127 as well as to continue to provide the excellent curricular and co-curricular programs offered to students," said Mike Zelek, District 127 Associate Superintendent.

Increases/Decreases

The district is requesting a $27.7 million levy for the Education Fund, which represents a $2.8 million, or 11 percent increase over 2011.

The proposed $1.2 million levy for Special Education Purposes represents a $747,500 or 146 percent increase over 2011.

The district is requesting a $4.59 million levy for the Operations and Maintenance Fund, a decrease of $180,200 or 3.7 percent from 2011.

The proposed $800,000 levy for the Transportation Fund represents a $1.4 million or 64 percent decrease from 2011.

The proposed property taxes levied for debt service and public building commission leases are $8.86 million, an increase of $428,000 or 5.07 percent over 2011.

The proposed property taxes levied for corporate and special purposes are $35.5 million, which represents a $1.5 million or 4.4 percent increase over 2011.

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