The Illinois State Board of Education (ISBE) announced the 28 school districts that are eligible to receive the Property Tax Relief Grant for fiscal year 2019. The $50 million state grant covers a portion of local property tax reductions, up to the statutory limit. A total of 373 districts applied for the Property Tax Relief Grant in this first year of implementation. The formula in the law awards eligibility to those districts with the highest unit equivalent tax rate compared to all the districts that applied. Oak Lawn Community High School is one of the eligible districts. For example, for a home valued at $150,000, the owner would pay approximately $119 less in taxes during 2019 than if the district was not awarded the grant.
“We are grateful to have received this additional funding, and we look forward to providing some well-deserved relief to the District 229 taxpayers who have supported Oak Lawn Community High School,” said Board of Education President Robert Loehr. Superintendent Michael Riordan added, “The District 229 community has been very supportive of Oak Lawn Community High School, which has empowered us to provide outstanding educational programs to meet the needs of each student. This grant funding will allow us to reduce the tax burden on our community, without diminishing the excellent services we provide our students.”