IL SB0516

School districts containing federal military installations eligible for federal impact aid under Section 8003(b) of the Elementary and Secondary Education Act may levy taxes at rates exceeding the statutory maximums beginning in levy year 2016.

Districts seeking to exceed maximum tax rates must first adopt an ordinance with preliminary tax rates not exceeding current maximums, then hold a public hearing with 7-14 days notice before adopting adjusted rates.

Adjusted tax rates for educational purposes, operations and maintenance, special education programs, educational facility leasing, and transportation may exceed individual maximums, provided the aggregate tax rate does not exceed the aggregate rate set in the preliminary ordinance.

Amendments clarify that tax rate increases for special education programs and educational facility leasing can be made under the new Section 17-2.2e provisions in addition to existing voter approval mechanisms.