(Updated) Grayslake High School Levy Meeting

I have confirmed that Grayslake High School District 127 will be holding a special school board meeting on Tuesday, December 26th at 10 am. This meeting will be held at the district offices at Grayslake Central High School on Lake Street in Grayslake. I will have the proposed levies tomorrow and will post them as soon as possible.

To find out more about how D127 has overtaxed its residents read the article on How Districts Overtax, how they exceeded their debt limit, and an example of how they spend our money.

To review district documents visit D127News.com.

In addition to all of this, D127 is asking for our help in fighting the Lindenhurst TIF. My question is, why should we help them when they have proven that theyonly see us an open wallet to their extravagant spending.

UPDATE:

You can view the entire proposed levies here. They are asking for an approximate 30% increase. However, according to Dr. Mike Zelek they are expecting only a 6% increase. He told me today he “ballooned the O & M fund”. He said it has been running a deficit the last few years and they wanted flexibility on shifting the money around when their actual levy amount was set.

I have also revised my calculations since last years meeting. The highlights are as follows:

1. Education fund rate increased over 55 cents instead of the 45 cents approved by voters.
2. Overall, there was an increase of over 72 cents in the total rate during this time.
3. By estimating what a 45 cent increase should have been, D 127 has overtaxed its residents by a over $6 million dollars.

The charts below show the difference between what the district has actually taxed its residents and what the voters assumed when approving the 45 cents referendum:

Green Line Levy Rate Chart
Levy Rate Chart

Green Line Extension Chart
Extension Chart

Documents:
Calculations for Charts Above
2001 Tax Levy
2002 Tax Levy
2003 Tax Levy
2004 Tax Levy
2005 Tax Levy

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