Notice of Proposed Property Tax Levy for Oak Brook Park District

I. A public hearing to approve a proposed property tax levy for Oak Brook Park District for 2017 will be held on Monday, December 11, 2017, at 6:30 p.m. at the Family Recreation Center, 1450 Forest Gate Road, Oak Brook, IL 60523.

Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Laure Kosey, Executive Director, 1450 Forest Gate Road, Oak Brook, IL 60523, 630-645-9535.

II. The corporate and special purpose property taxes extended or abated for 2016 were $2,920,020.95.

The proposed corporate and special purpose property taxes to be levied for 2017 are $3,069,879.00. This represents a 5.13% increase over the previous year.

III. The debt service and public building commission leases property taxes extended or abated for 2016 were $311,720.21.

The proposed debt service and public building commission leases property taxes to be levied for 2017 are $308,031.00. This represents a 1.18% decrease over the previous year.

IV. The total property taxes extended or abated for 2016 were $3,231,741.16.
The estimated total property taxes to be levied for 2017 are $3,377,910.00. This represents a 4.52% increase over the previous year.