LTHS May Seek $2.8M More From Taxpayers
LA GRANGE, IL – Lyons Township High School is poised to seek $2.8 million more from property taxpayers next year.
Under state law, a public body can increase its property tax levy by the rate of inflation up to 5 percent, not including new construction.
As of December 2023 – when the inflation rate is gauged for tax purposes – it was 3.4 percent. That would increase the overall tax levy to $84.8 million, from $82 million.
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Because of historic inflation, Lyons Township High School upped the tax levy by 5 percent each of the last two years. Most schools did.
For a house valued at $470,000, the estimated tax bill would rise by $68 under next year’s proposed levy hike.
Find out what's happening in La Grangewith free, real-time updates from Patch.
At Monday’s school board meeting, members were told the levy increase would affect homeowners differently.
“There are going to be variations in assessments. We don’t control those, so it would be impossible to say everyone’s going up by 3.4 percent,” said Brian Stachacz, director of business services. “Some may go down. Some may go up higher than 3.4 percent.”
Board President Jill Grech said she appreciated that the school presented estimates of the effects on properties of different values.
“That makes it sink in and makes it real,” she said.
In 2018, the property tax levy was $70.1 million. It has increased by 20 percent since then. That is somewhat less than inflation during that time.
A decision on the property tax levy must be made by year’s end.
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