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Elmhurst’s Locally Owned and Operated Hometown Newspaper
VOL. 21 • NO. 52
District 205 tax levy to increase 3.35% or $3.6 million Final numbers will be known in April 2017
2017
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1 • Thursday, December 22, 2016 - The Elmhurst Independent
THURSDAY, DECEMBER 22, 2016
ICCP holds Christmas Concert
By Dan McLeister
FOR THE ELMHURST INDEPENDENT
The total increase in the capped tax levy for Elmhurst School District 205 will be 3.5 % or $3,668,349 according to Christopher Whelton, assistant superintendent for finance and operations. The 2016 tax levy is based on a proposed increase over the 2015 tax of 3.57% or $3,417,569, not inclusive of the Bond and Interest Fund, he stated at a public hearing during the School Board meeting on December 13. No members from the public made any comments or asked questions. Whelton said that figure represents an inflated request to ensure that no dollars are lost though the tax cap. School district operating taxes are limited to an increase of 5% or the Consumer Price Index (CPI), which is 0.7 % this year, along with the taxes on any new property coming onto the tax rolls. “The most critical assumption for the tax levy and tax extension calculation is the new construction Equalized Assessed Valuation (EAV) because it is exempt from the tax cap and therefore our operating (capped) extension can exceed the 0.7% CPI increase for this amount,” Whelton
COURTESY PHOTO Elmhurst Independent
At Immaculate Conception Church, musicians from the ICCP choir and the band joined talents to hold a Christmas concert. Led by ICCP Music Director Nicole Lapwing, the students performed a variety of holiday and contemporary music. More photos inside.
See LEVY, Page 4
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