Mt. Vernon Register-News

November 10, 2012

Board to discuss tentative tax levy

No proposal for the new levy has been presented to board members

By NICK MARIANO
nick.mariano@register-news.com

MT. VERNON — Members of the high school district’s finance committee will begin looking into their crystal ball for the 2013-14 school year budget by discussing a tentative tax levy Monday at the school.

Limited by property tax cap statutes coupled with delayed state aid payments to the district, school board President Carl Miller acknowledged that despite any potential increase in the levy it will nonetheless be a “lean year” for the district.

One thing is for certain. Taxes won’t be abated, he said.

“You have to have money to run the district,” he said.

At this point, no actual proposal for the new levy has been presented to board members to make a recommendation to the full board. It is unclear whether a recommendation will be voted on Monday.

Once made, it will go to the full board for a first reading and then a second reading the following month before full board approval. The tentative tax levy will be for taxes payable next year.

Miller said the board will look at the current year budget as well as what the district might get from the state to help determine future needs while also considering the cap amount which is based on cost-of-living increases or a specified percentage increase that cannot be exceeded.

“It’s kind of a shot in the dark,” Miller said the budget process. “You’ve got to estimate expenses liberally and estimate income sparingly and try to come up with proper figures,” he said.

The finance committee begins meeting at 4 p.m. in Administrative Building A. Others items on its agenda include a bill summary review, treasurer’s report and Illinois Municipal Retirement Fund benefit protections. The committee meeting will be followed by the district’s building committee meeting beginning at 5:30 p.m. in the same location.