Tax levy is scheduled for adoption, too.
Elmhurst Unit District 205 School Board will hold its monthly business meeting at 7:30 p.m. Tuesday, Dec. 13, at the district's administration building, 162 S. York St. The open meeting will be preceded by an executive session at 6:30 p.m. to discuss employment of an employee and collective negotiations. Following the closed session, board members will call to order a public hearing for the adoption of the 2011 tax levy. The board agreed tentatively last month that it would ask for a levy increase of 4.7 percent, based on the assumption that the district will receive about $1.4 million in property taxes from the new Elmhurst Memorial Hospital. The hospital represents $38 million in new growth, according to the township assessor. School …
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-87.940009
Elmhurst Unit District 205 Administration
162 S York St, Elmhurst, IL
/articles/public-hearing-tonight-on-district-205-tax-levy
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/locations/6007154
But School District 205 officials expect hospital status will change on appeal, and they will have to give back about $1.4 million in tax revenue.
Determining how much to request in property taxes each year is never an exact science for any taxing body. But this year, a big wild card will come into play. Hospitals all over Illinois are being evaluated to determine whether they will continue to receive tax-exempt status. Elmhurst Memorial Healthcare is one of those providers. If the state determines EMHC provides enough charity care, it will continue to operate as a nonprofit and will not have to pay millions in property taxes to the city, park district, library and school district next year. If the state determines EMHC is a for-profit entity, it will have to pay up. In addition to the new hospital at York and Brush Hill Roads, EMHC operates at a number of other properties in town. …
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Elmhurst Memorial Hospital, New Main Campus
155 E Brush Hill Rd, Elmhurst, IL
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Paul Guerino
11:21 pm on Wednesday, December 14, 2011
Nancy, I just remembered. When this bill first came up years ago, I spoke to our BOE about opposing the act. That should be in the public section comments of the BOE minutes. more ›