Submitted By
Steven Drazner, Chief Financial Officer
Reviewed By
A.M. Zayyad
Agenda Item Title
Title
An Ordinance for the Levy and Assessment of Taxes in the Amount of $3,738 for the 2022 Property Tax Year for Village of Oak Park Special Service Area Number Eight
End
Overview
Overview
The Village levies a tax upon the geographic area of the 1200 blocks of East, Columbian, Linden, and Euclid Avenues referred to as Special Service Area Number Eight. This levy generates tax dollars to be used to offset the cost of Speed Tables installed in the 1200 block of East, Columbian, Linden, and Euclid.
Body
Staff Recommendation
Approve the Ordinance.
Fiscal Impact
This levy is expected to generate $3,738 in this Special Service Area.
Background
Special Service Area (SSA) Eight was created by Village Ordinance on June 4, 2018, and provides
for a special annual tax levy on properties located within the area. The taxes are collected
by the Cook County Collector and remitted to the Village. The Finance Department then
utilizes the levy proceeds to offset the cost of speed tables.
Alternatives
The Board could choose not to adopt the levy or defer until a later date. By law, tax levies must be filed with the Cook County Clerk’s Office no later than December 27, 2022 (the last Tuesday of December).
Previous Board Action
Prior year levy approved on December 6, 2021
Citizen Advisory Commission Action
N/A.
Anticipated Future Actions/Commitments
N/A.
Intergovernmental Cooperation Opportunities
N/A.