Local

No McHenry County schools receive Property Tax Relief Grant

District 155 was No. 29 on list of eligible applicants

The Illinois State Board of Education announced the 28 schools that are eligible to receive the Property Tax Relief Grant for fiscal 2019. Several McHenry County schools applied for the grant, but none were on the list of 28 selected.

Community High School District 155 was No. 29 on the list of eligible districts, while Fox River Grove District 3 was
No. 49. McHenry High School District 156 was No. 56, and McHenry School District 15 was No. 66 on the final list of eligible schools that applied.

ISBE reported that 373 districts statewide applied for the grant. The districts selected were those with the highest unit equivalent tax rate compared with all of the districts that applied.

The formula was an attempt to lower the property tax burden for districts with high tax rates relative to other districts.

The eligible districts selected must now submit an abatement resolution to their county clerk by March 30, sharing the resolution with ISBE.

The districts eligible for the fiscal 2019 Property Tax Relief Grant are Antioch High School District 117, Argo High School District 217, Bloom Township High School District 206, Bremen High School District 228, Community High School District 218, Dolton School District 148, Elementary School District 159, Evergreen Park High School District 231, Ford Heights School District 169, Gen. George Patton School District 133, Grayslake High School District 127, Homewood-Flossmoor High School District 233, Lansing School District 158, Leyden High School District 212, Oak Lawn High School District 229, Oak Park-River Forest District 200, Ohio High School District 505, Park Forest School District 163, Rantoul Township High School District 193, Reavis Township High School District 220, Rich Township High School District 227, Rock Falls Township High School District 301, St. Anne High School District 302, Thornton Fractional Township High School District 215, Thornton Township High School District 205, Township High School District 211, Zion Elementary School District 6 and Zion-Benton Township High School District 126.

The 28 eligible districts collectively may provide about $56.9 million in total local property tax relief in exchange for the $50 million in state grants.

The formula used to calculate the school priority list for the grants was referred to as the unit equivalent tax rate, which is a calculation that includes the district’s tax rate and then factors in whether it is a unit, high school or elementary district.

The top schools on the list of those eligible, for example, were Homewood-Flossmoor High School District 233 (17.8 percent UETR) and Rich Township High School District 227 (17.6 percent), while District 155 had a 8.788 percent adjusted rate.

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