Park Board Advances Tax Levy Plan and Sets Public Hearing for November
Mokena Community Park District Board Meeting | October 2025
Article Summary: The Mokena Community Park District Board of Commissioners approved a preliminary property tax levy that captures potential new growth while anticipating a slight decrease in the overall tax rate. A public hearing on the matter has been scheduled for late November.
Tax Levy Key Points:
-
Levy Amount: The board proposed a corporate and special purpose property tax levy of $3,384,000 for the 2025 tax year (payable in 2026).
-
Total Estimate: Including debt service, the total estimated taxes to be levied are $4,023,060, representing a 4.9% increase over the previous year’s extension.
-
Tax Rate: Officials estimate the tax rate will decrease by roughly 0.9% to .2277 due to rising property values.
-
Public Hearing: A Truth in Taxation hearing is scheduled for November 25, 2025, at 6:00 p.m.
The Mokena Community Park District Board of Commissioners on Tuesday, October 28, 2025, took the first steps toward establishing its property tax levy for the coming year.
The board voted 6-0 to approve Resolution #25-6, a Truth in Taxation Law Resolution. This procedural move sets the stage for the district’s financial planning for the 2026-2027 fiscal year. While the district is limited by the Property Tax Extension Limitation Law (PTELL), which caps extension growth to the Consumer Price Index (CPI) of 2.9% or 5% (whichever is less), the board is utilizing a strategy known as “balloon levying.”
According to a memo from Superintendent of Finance Karen LaPointe, this process involves asking for more money than the district actually expects to receive. This ensures the district captures all available revenue from new construction and property improvements without losing dollars due to tax caps.
“It is anticipated Mokena Community Park District residents will realize no change or a slightly lower tax rate for the 2025 tax levy year,” the memo stated. The estimated rate for 2025 is .2277, a decrease from the 2024 base extension rate.
The proposed corporate and special purpose levy is $3,384,000. When debt service is included, the total levy request rises to just over $4 million. Because the request represents a 4.9% increase over the previous year’s extension, the district will hold a public hearing to maintain transparency and compliance with state law.
Commissioner Steve Jacobson was absent from the meeting.
Latest News Stories
Meeting Summary and Briefs: Joliet Junior College Board of Trustees for March 11, 2026
IL Supreme Court says it can remove Cook Co. judge for pro-Trump column
FBI: Illinois’ cyber crime losses reached $535M in 2025
Minnesota, Illinois AGs challenge federal orders to keep coal plants running
FBI finds Americans lose billions to cryptocurrency scams
Illinois lawmakers seek to regulate, tax prediction markets amid federal lawsuit
Report: Teacher’s union gives nearly 2M to org that trains for May Day protests
Illinois Quick Hits: Downtown Chicago office vacancies hit another record high
Trump issues dire warning to Iran as deadline looms
Report: Iran, inflation concern small businesses
U.S.-Israel-Iranian conflict escalating global energy, supply chain crisis
Meeting Summary and Briefs: Will County Board Land Use & Development Committee for March 26, 2026