Regular Village Board meetings are typically held at 7:00 p.m., the first three Tuesdays of each month in Council Chambers of Village Hall (room 201), 123 Madison St. When a Regular Meeting falls on a holiday, the meeting typically is held the following night. The Village Board also meets in special sessions from time to time. However, dates and times of Special Meetings can vary and may change.

File #: ORD 18-414    Name:
Type: Ordinance Status: Passed
In control: President and Board of Trustees
On agenda: 12/10/2018 Final action: 12/10/2018
Title: An Ordinance for the Levy and Assessment of Taxes in the Amount of $5,000 for the 2018 Property Tax Year for Village of Oak Park Special Service Area Number Eight
Attachments: 1. SSA8 Levy Ordinance FY19

Submitted By                     

Steven Drazner, Chief Financal Officer

 

Reviewed By

LKS

 

Agenda Item Title

Title

An Ordinance for the Levy and Assessment of Taxes in the Amount of $5,000 for the 2018 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 East, Columbian, Linden and Euclid Avenues. This area is referred to as Special Service Area Number Eight. This levy

generates tax dollars to be used to offset the cost of Speed Tables.

 

Body

Staff Recommendation

Approve the Ordinance

 

Fiscal Impact

This levy is expected to generate $5,000 in this Special Service Area.

 

Background

Special Service Area Seven 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 24, 2018 (since the last Tuesday in December falls on a Federal holiday).

 

Previous Board Action

N/A

 

Citizen Advisory Commission Action

N/A

 

Anticipated Future Actions/Commitments

N/A

 

Intergovernmental Cooperation Opportunities

N/A

 

Performance Management (MAP) Alignment

N/A