On Tuesday, December 17, 2019, the Board of Education of Freeport School District 145 adopted its 2019 tax levy. The total adopted levy of $21,195,466 is based on keeping the tax rate even with the 2018 levy at 7.00553. The property tax levy provides approximately 42% of Freeport School District’s funding.
The District has statutory authority to levy up to $21,224,842, but decided to forego the additional increase in levy funding of $29,376 in an effort to prevent property tax payers’ bills from increasing. The board’s adoption of a flat tax rate will ensure that if property values stay the same or decrease, the Freeport School District portion of property tax bills will not increase.
For more information, you may contact Dr. Patrick McDermott, FSD Asst. Supt. of Business & Finance, at 815-232-0300 or email@example.com.