GLENWOOD | The Brookwood District 167 School Board approved a preliminary aggregate tax levy of $7.2 million last week.
District Business Manager Andrew Ziegler gave a presentation on the levy to the board, breaking down where the funds will come from and how it will affect tax payers. The tally is a slight increase over last year, which totaled $7,003,400.
The board voted 7-0 to approve the preliminary levy.
"When you're talking about millions of dollars, the effect that has on your tax bill shouldn't be that much," Ziegler said.
Ziegler presented a hypothetical tax estimate for a person owning an $80,000 home. The levy would increase that tax bill by about $12, he said. But the portion of the hypothetical tax bill affected by bonds and interest actually went down this year. That decrease could be around $50, Ziegler said.
So, overall, the district would cost that taxpayer about $38 less than it did last year, he said.
"I've got to stress something with you; this is all pertaining to the district and our effect on your tax bill," Ziegler said. "There are other municipalities that, obviously, are on your tax bill. So when I'm speaking about this, this is just our portion."
Ziegler said the referendum passed last year to raise $15.8 million through bond sales for the building of a new middle school also impacted tax bills.
"It's going down back to normal, where it was high last year," he said.
The deadline to submit the tax levy to the Cook County clerk's office is Dec. 24. The School Board will give its final approval at its December meeting.