Mt. Vernon Register-News

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November 6, 2013

District 80 considers tax levy hike

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“What I don't want to do is leave money on the table,” Hollmann said.

Collecting revenue from the tax levy has become especially vital considering recent declines in state reimbursements, said Finance Committee member Matt Reynolds.

“We've got to try and get every possible dime we can,” Reynolds said.

If the district requests an 8 percent levy increase, it will have to hold a Truth in Taxation hearing. The law requires this hearing if a more than 5 percent increase is sought.

District 80 has not had such a hearing for the past two years. Prior to that, though, the district held them periodically.

Hollmann said objections were rare at previous hearings since tax caps protect local taxpayers from being “hurt” too badly by levy hikes.

The District 80 Board of Education will consider the proposed tax levy increase at its next meeting at 6:30 p.m. Nov. 13.

If the increase is approved, a Truth in Taxation hearing would likely be held at the board meeting in December.

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