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DESCRIPTION:NOTICE OF PROPOSED PROPERTY TAX INCREASE FOR THE BOARD OF EDUCA
 TION OF THE CITY OF CHICAGO \n(COMMONLY KNOWN AS “CHICAGO PUBLIC SCHOOLS”)
 \nI. A public hearing to approve a proposed property tax levy increase for
  the Board of Education of the City of Chicago (commonly known as “Chicago
  Public Schools”) for the Fiscal Year beginning July 1\, 2017\, and ending
  on June 30\, 2018 (“FY2018”) will be held on October 10\, 2017\, at 10:30
  a.m. at the Chicago Public Schools Loop Office\, 42 West Madison Street\,
  Garden Level\, Board Room\, Chicago\, Illinois 60602.  Any person desirin
 g to appear at the public hearing and present testimony to the taxing dist
 rict may contact Estela Beltran\, Secretary to the Board\, Office of the B
 oard\, either by mail at One North Dearborn\, Suite 950\, Chicago\, Illino
 is 60602 or by telephone at (773) 553-1600. \nII. The corporate and specia
 l purpose property taxes extended or abated for the Fiscal Year commencing
  July 1\, 2016\, and ending June 30\, 2017 (“FY2017”)\, were $2\,704\,467\
 ,362.  The proposed corporate and special purpose property taxes to be lev
 ied for FY2018 are $2\,928\,997\,271.  This represents an 8.3% increase ov
 er the previous year.\nIII. The property taxes extended for debt service a
 nd public building commission leases for FY2017 were $53\,659\,111. The es
 timated property taxes to be levied for debt service and public building c
 ommission leases for FY2018 are $53\,175\,648. This represents a 0.9% decr
 ease over the previous year.\nIV. The total property taxes extended or aba
 ted for FY2017 were $2\,758\,126\,473.  The estimated total property taxes
  to be levied for FY2018 are $2\,982\,172\,919. This represents an 8.1% in
 crease over the previous year. \nDated at Chicago\, Illinois\nOctober 3\, 
 2017\n51����\nBy: /s/ Frank M. Clark\nPresident\nAttes
 t:\n/s/ Estela G. Beltran\nSecretary\nNote:  Speaker and Observer registra
 tion will be available on October 10\, 2017 from 9:00 am – 10:00 am on the
  1st floor of the Madison Street lobby.
DTEND:20171010T103000
DTSTAMP:20240916T145851
DTSTART:20171010T103000
LOCATION:CPS Loop Office Chicago\, IL 60602
SEQUENCE:0
SUMMARY:Monthly board meeting
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