Because state and federal funding has not kept up with cost increases, Indian Prairie School District 204 is planning to ask for more money from property taxpayers next year, officials said during the most recent school board meeting.

The district’s total property tax levy is proposed at $387 million for operating expenses, plus bond and interest payments. This reflects an increase of $15.9 million, or 4.28%, from last year’s $371 million total levy, said Matt Shipley, chief school business official.

Tax rate projected to decrease nearly 2008 level

Property values in the district are projected to increase, and there have been an estimated $70 million of new properties built within the district this year. So Shipley said the district anticipates issuing a lower tax rate to its now-bro

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