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property tax billSPRINGFIELD – Homeowners and small businesses across Lake County will see decreases in their property tax bills under a new state grant program that seeks to provide relief to school districts in high-taxed areas.

The Property Tax Relief Grant was included in the historic school funding reform law that has already provided millions of dollars in new state funds to school districts that need it the most. In the first year alone, schools in the 31st Senate District received $8.5 million in additional state funding.

“For years, Lake County has had to rely heavily on property taxes to ensure our children have access to the best education possible,” State Senator Melinda Bush (D-Grayslake) said. “As promised, the new school funding law is changing the way we fund our schools by increasing state support and relieving some of the local tax burden.”

Several local school districts will be eligible for the tax relief grant, including:
     - Zion-Benton Township High School District 126: $1,793,018.36
     - Grayslake Community High School District 127: $2,733,574.72
     - Zion Elementary School District 6: $1,095,379.59
     - Antioch Community High School District 117: $2,890,111.07

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.

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Category: Press Releases

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