On Tuesday, December 18, 2018, the Board of Education of Freeport School District 145 adopted its 2018 tax levy. The total adopted levy of $20,798,321 is based on keeping the tax rate even with the 2017 levy at 7.03817. The property tax levy provides approximately 40% of Freeport School District’s funding.
The District has statutory authority to levy up to $21,019,699, but decided to forego the additional increase in levy funding of $221,378 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 815-232-0304 or email@example.com.