District 3 approves increased levy
FOX RIVER GROVE – School District 3 residents can expect to pay more toward the school system next year.
The District 3 school board on Monday approved its 2012 property tax levy – request of $5.276 million, or a 5.07 percent increase from the previous year.
However, under the tax cap law, the school district’s increase is limited to 5 percent or the rate of inflation, whichever is less. This year, rate is set at 3 percent based on the consumer price index.
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