Kaneland board begins levy process
Kanelandâ€”At Monday night’s Kaneland School Board meeting, the board was presented with the 2010 tax levy calendar.
The tax levy is the amount of funding the district asks the county to approve for total district property taxes for the following school year. The levy is the largest source of revenue for the district.
In November, the board will approve the tentative levy, which will then lead into an announcement for a levy public hearing. In December, the board will approve the final levy, and file it with the Kane County clerk.
Collections on the levy will begin in June or July of 2011.
The district expects to receive about $1.2 million more from the 2010 tax levy than from the 2009 tax extension.