This post was contributed by a community member. The views expressed here are the author's own.

Schools

District 146 Board Approves $1 Million Tax Abatement

The Board of Education approved a property tax abatement at its March meeting.

At its regular March meeting, the District 146 Board of Education unanimously approved a resolution for a $1 million tax abatement for District 146 taxpayers.

An abatement is a form of a property tax reduction. In this case, the District is lowering its property taxes by $1 million for the 2020 levy, which is paid in 2021.

At the meeting, the Director of Business Services Jeff Charleston explained the District experienced a surplus during the last budget year. With the abatement resolution, the District’s Bond and Interest fund levy will be reduced, meaning the District will receive less money than it levied. The fund balances from last year’s surplus will make up the difference.

Find out what's happening in Tinley Parkfor free with the latest updates from Patch.

“Our Board of Education continues to be fiscally responsible on behalf of the District’s taxpayers,” said Dr. Jeff Stawick, Superintendent. “This abatement is a result of the District budgeting and spending wisely while still offering our families the best education possible.”

For more information, please visit District146.org and click on the Tax Abatement Information link.

Find out what's happening in Tinley Parkfor free with the latest updates from Patch.

Community Consolidated School District 146 is comprised of Central Middle School, Fierke Education Center, Fulton School, Kruse Education Center, and Memorial School. Students from Tinley Park, Orland Park, and Oak Forest attend District 146 schools.

The views expressed in this post are the author's own. Want to post on Patch?

More from Tinley Park