Mokena Park District.logo.graphic.5

Park Board Advances Tax Levy Plan and Sets Public Hearing for November

Spread the love

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.

⚠️ Flood Watch issued June 11 at 12:39PM CDT until June 11 at 11:00PM CDT by NWS Chicago IL
Today Jun 10
Chance Showers And Thunderstorms
84° 58°

Chance Showers And Thunderstorms

💨 10 to 20 mph 💧 54%

Leave a Comment





Latest News Stories

Illinois Quick Hits: Report says Pekin Bowling Center 'taxed out of business'

Illinois Quick Hits: Report says Pekin Bowling Center ‘taxed out of business’

By Jim Talamonti | The Center SquareThe Center Square Sunset Lanes in Pekin is set to close later this month as the bowling center’s owner says it is being “taxed...
Tiffany vows to end subsidies for data centers in Wisconsin

Tiffany vows to end subsidies for data centers in Wisconsin

By Jon StyfThe Center Square Wisconsin congressman and candidate for governor Tom Tiffany said that he will “end subsidies for data centers in Wisconsin” if he becomes governor. Tiffany was...
Screenshot 2026-05-05 at 1.39.16 PM

JJC Trustee Alleges Board Exclusion, Discriminatory Policies During Tense Meeting

Joliet Junior College Board of Trustees Meeting | March 11, 2026 Article Summary: Deep divisions on the Joliet Junior College Board of Trustees spilled into public view as Trustee Maureen Broderick...
Firefighter age bill stalled despite union backing

Firefighter age bill stalled despite union backing

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A proposed Illinois bill aimed at addressing firefighter shortages by lowering the minimum hiring age has...
Will County Board Land Use Committee Graphic.3

County Board Members Pitch “Granny Flats,” Hobby Farm Zoning, and Farmland Mitigation in LRMP Brainstorm

Will County Board Land Use & Development Committee Meeting | March 26, 2026 Article Summary: During a brainstorming workshop for the county's new Land Resource Management Plan, Will County Board...
Hyundai Translead

Will County Board Approves Tax Abatement for $345 Million Hyundai Translead Project

Will County Board Meeting | March 19, 2026 Article Summary: The Will County Board has authorized an agreement of intent to abate taxes for a massive $345 million manufacturing project...
lincoln way school district 210 logo.2

Lincoln-Way 210 Advances Summer Site Improvements and Asbestos Abatement Projects

Lincoln-Way Community High School District 210 Meeting | March 19, 2026 Article Summary: The Board of Education approved an asbestos abatement contract and initial site improvement bids to prepare for...
Lawmaker criticizes surplus spending bill

Lawmaker criticizes surplus spending bill

By Catrina Baker | The Center Square contributorThe Center Square (The Center Square) – A proposal aimed at helping local governments manage retiree health care costs is drawing differing views...
Salvation Army rehab ‘enrollees’ who work at thrift stores aren’t ‘employees’

Salvation Army rehab ‘enrollees’ who work at thrift stores aren’t ‘employees’

By Jonathan Bilyk | Legal NewslineThe Center Square A few days after agreeing to let them proceed with their class action against one of America's most prominent charities under labor...
Illinois housing affordability efforts pit tax cuts against new spending

Illinois housing affordability efforts pit tax cuts against new spending

By Sean Reed | The Center SquareThe Center Square (The Center Square) – As homeownership may be growing out of reach for many young residents, Illinois lawmakers are split between...
Illinois Quick Hits: Chicago city workers owe more than $19M

Illinois Quick Hits: Chicago city workers owe more than $19M

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago city workers reportedly owe more than $19 million in traffic tickets, water bills and fines, yet...
Screenshot 2026-05-05 at 1.39.16 PM

JJC Board Prepares for 2028 Bond Expiration, Advances Grundy Campus Despite Objections

Joliet Junior College Board of Trustees Meeting | March 11, 2026 Article Summary: Joliet Junior College is laying the groundwork for a potential future referendum and advancing its Grundy County expansion...
Attorney expects conversion therapy ruling to impact Illinois ban

Attorney expects conversion therapy ruling to impact Illinois ban

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois’ ban on conversion therapy may be challenged in the near future. Last week, the U.S. Supreme...
Millionaire’s tax proposal draws mixed reviews as deadline approaches

Millionaire’s tax proposal draws mixed reviews as deadline approaches

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Supporters of a 3% surcharge on income more than $1 million have less than a month to...
Universities warn state funding delays are wasting millions in taxpayer investment

Universities warn state funding delays are wasting millions in taxpayer investment

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Long‑delayed university repair funding is leaving campuses across the state with holes in their roofs, and in...