Board approves 2012 tax levy

By on December 14, 2012

by Keith Beebe
KANELAND—Kaneland School Board members on Tuesday voted 6-0 to approve the 2012 tax levy.

The total 2012 levy is $49,366,195, and includes a 4.93 percent increase over taxes that were extended in operating funds last year, as well as a .99 percent decrease from taxes extended in last year’s bond and interest fund. As a result, the total levy increase in 2012 is 3.83 percent.

Levy amounts include: an education fund of $30,172,470; an operations and maintenance fund of $4,242,000; transportation fund of $2,626,000; working cash fund of $101,000; municipal retirement fund of $505,000; Social Security fund of $707,000; and special education fund of $2,227,050.

Aurora resident Jerry Elliott, who authored a letter to the editor in the Dec. 6 issue of the Elburn Herald, stating his disagreement with the projected tax levy numbers discussed at the Kaneland School Board meeting on Oct. 29, spoke during the public hearing portion of the tax levy discussion and voiced his pleasure with the reduced final levy amount.

“I really have no objection with (those numbers). Thank you for fixing that,” he said.

“The public was served well,” board member Tony Valente added.

Dr. Julie-Ann Fuchs, assistant superintendent for business, stated during the meeting that the reduced amount was due to the fact that she hadn’t received estimates from DeKalb County at the time the tentative levy was introduced in October. With the DeKalb County numbers in place, Fuchs was able to reduce manual override column amounts by $400,000 in the operations and maintenance fund, $100,000 in the transportation fund and $795,000 in the special education fund. The 2 percent balloon amount was also cut in half.

Board member Joe Oberweis stated that the final levy was essentially the same as the tentative levy.

“The only question is how much we overestimated by,” he said.

About Keith Beebe

Keith Beebe is the Editor of the Elburn Herald. You can reach him at info@elburnherald.com or (630) 365-6446 x105.

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