Bannockburn school board votes pare $300,000 from tax levy
The board of Bannockburn School District 106 voted unanimously Nov. 21 to reduce this upcoming year’s tax levy to $5,496,223 from 5,796,231.
Although the board initially recommended a $100,000 decrease in the tax levy for the upcoming year, the decision to cut the levy by $300,000 was eventually made. This marks decrease of more than a 5 percent in the levy.
“Given the district's reserves which exceed the state suggested threshold, I would like to see a greater reduction in the tax levy.” Jake Leahy, who is the newest school board member, said in a Facebook posting prior to the meeting.
“A primary goal of mine on the school board is to provide an example of good government and fiscal responsibility for the rest of the state.” Leahy said in a Facebook post after the meeting. “This one step demonstrates fiscally conservative leadership can begin to turn Illinois around. While other local districts are irresponsibly accumulating mountains of debt and raising taxes year after year, today's 7-0 vote should send a message to other local units of government and to Springfield politicians that the tax and spend status quo can be put to an end.”