Congratulations to the taxpayers in Lisle, school district 202. You will be among the first to have a question on your ballot to lower your property taxes. The question that will appear on your April 2, 2019 Consolidated election ballot will be:
Shall the amount extended for educational purposes by the Lisle Community Unit School District 202 be reduced from $19,062,127.15 to $17,155,915.00 for the 2018 levy year, but in no event lower than the amount required to maintain an adequacy target of 110%?
Lisle citizens took advantage of new Illinois state law (effective 8/31/2017) that allows voters to petition their government to place a referendum question of this type on the ballot. They collected more than the 10% of registered voters’ signatures and submitted the petition on time. One resident challenged the petition, claiming that the wrong year was used.
A hearing was held yesterday, Nov. 26, 2018 and the hearing officers found that the correct year was used and thus, the question will appear on the ballot.
When it comes to school district fiscal years and property tax years, it can be confusing.
Tax levy year 2018 refers to:
- A tax “levy” (amount requested by school board) to be set by Dec. 2018
- The tax “extension” (total amount of property taxes to be collected on behalf of the school district) which will be established by the county clerk in the spring of 2019 (lesser of the levy and the tax cap – based on last year’s tax extension, inflation – CPI, and new growth/building in the district. It may then be reduced based on the result of this referendum question)
- The property taxes are actually due in June & Sept 2019.
- And form the bases for local revenue in the school district budget for the school year July 1, 2019 to June 30, 2020 (fiscal year 2020).
The 2018 levy year is the only year that could possibly be used. The question requires that the “previous levy year’s extension” be included in the question. The latest year for which an “extension” was set when the petitions were due is 2017. And if 2017 is the “previous levy year” then the year used for the proposed reduction must be 2018.