SPRINGFIELD – Home owners and small businesses in Chicago’s southwest suburbs will see a decrease in their property tax bills thanks to a new state grant program aimed at providing relief to school districts in high-taxed areas.
The Property Tax Relief Grant was a part of a historic school funding reform law that brought millions of dollars to school districts in dire need of funding.
“Our communities should not be forced to choose between providing a high quality education for students and keeping property tax rates manageable for homeowners and businesses,” said State Senator Bill Cunningham, a Democrat who represents portions of Chicago and the southwest suburbs. “These grants will ensure that our students have access to a great education without paying for it at the expense of local taxpayers.”
Several school districts in the 18th Senate District will be eligible for the tax relief grant, including:
- Evergreen Park Community High School District 231: $965,999.66
- Community High School District 218: $5,788,140.28
- Oak Lawn Community High School District 229: $2,125,024.36
In order to receive the state grant, eligible school districts must submit an abatement resolution to their county clerks by March 30. The Illinois State Board of Education (ISBE) will then distribute the grants once receiving all abatement certificates.
More information on the Property Tax Relief Grant and a listing of each eligible school district can be found at www.ISBE.net/proptaxrelief.
