Alton School Board Approves 2023 Tax Levy After Truth in Taxation Hearing
ALTON - Alton Community Unit School District #11 held a Truth in Taxation hearing before their regular Board of Education meeting on Tuesday, Dec. 19, 2023. Mary Schell, the district’s Director of Financial Services, explained the proposed 2023 tax levy to the Board and community members. “A Truth in Taxation hearing is held to let voters and taxpayers in the community comment on the proposed local property tax levy the district’s making for the current year taxes payable in the following year,” Schell said. “When the district’s proposed aggregate levy is greater than 105% of the prior year's aggregate extension, a Truth in Taxation hearing must be held…In summary, this Truth in Taxation hearing is taking place because the 2023 district aggregate levy, based on 15% increase in , exceeds the 2022 aggregate extension by more than 105%.” Schell explained that the levy is “simply an educated guess” about the projected amount
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