During Monday’s District 202 School Board meeting, Evanston Township High School Chief Financial Officer Mary Rodino gave a presentation on the 2022 property tax levy that will go toward essential education funds.
If approved by the School Board, the levy will increase by a cumulative 2.98% – the maximum allowed under the cap on property tax increases – during the next tax collection period.
A memo attached to the board meeting agenda noted the impact of the nearly 3% hike: “On a $400,000 house that amounts to an approximate $65 increase in the District’s portion of the tax bill (on an estimated total tax bill of $8,612).”
The board is scheduled to vote on the tax levy at its next meeting, in December.
Some issues with the reassessment of properties in Cook County and the City of Chicago could delay the collection of property taxes from an August 2022 due date to January 2023, Rodino said, but she reassured the board that the district has plenty of rainy day funds available for this type of situation.
“I want to put your minds at ease,” Rodino said. “The board has been very conservative in our practices, and we’ve tried to make sure that our fund balance is adequate, and this is exactly what you need it for.”