SD427 District Dashboard

Levy & PTELL

Levy, Tax Rates & PTELL

EAV up 86% over ten levy years while the rate fell; PTELL working as designed.
EAV (dollars)Total tax rate (per $100 EAV)
CollectionsCollections are essentially complete every closed year (~99.7–100%+); collection risk is negligible — the constraint is the cap, not collection.source
Extensions & collections
Levy yr
Extended
Collected
2015
$30,855,261
99.74%
2018
$33,997,568
100.38%
2021
$38,423,127
100.23%
2023
$43,351,605
99.92%
2024
$45,256,196
53.15% (in progress)

2025 levy

Primary-verified · adopted 6-0, 2025-11-25
Extension growth (capped funds)+2.82% (derived)
Total extension (all funds)$46,218,678.83
CPI assumption2.9% CPI
New property EAV$11,159,261

How the 2025 levy was set

  1. 2025-10-14Business Services Committee presentation, Oct 14, 2025: estimated total extension for 2025source$46,861,163 estimated (2024 extended: $45,111,940)
  2. 2025-10-14Business Services Committee presentation, Oct 14, 2025: aggregate (capped) estimated extensionsource$39,789,716 estimated (2024 extended: $37,967,409)
  3. 2025-10-28Board authorized publication of the 2025 preliminary (tentative) tax levy resolutionsource6-0
  4. 2025-11-25Truth in Taxation public hearing held; no one addressed the Board or provided written documentssource
  5. 2025-11-25Board adopted the 2025 tax levy resolution (roll call)source6-0
  6. 2026-04-10County report (run 2026-04-10) confirms the levy requested, all fundssource$46,989,750
  7. 2026-04-10County report (run 2026-04-10): extension, all fundssource$46,218,678.83
  8. 2026-04-10County report (run 2026-04-10): capped-fund extension growth vs the 2024 aggregate extension basesource+2.82% (derived)
  9. 2026-04-10County report (run 2026-04-10): new property added to the tax basesource$11,159,261

What PTELL means here

PTELL caps extension growth at the lesser of 5% or CPI, plus new construction. EAV rose 86% over ten levy years while the total direct rate fell from 6.7489 to 5.3043 — the levy grows near-CPI while rising values push the rate down.source
Sycamore Community Unit School District 427 · Every figure traces to an official source document. Click any ⓘ for file & printed page.Record through 2026-09-28 · Generated 2026-10-07

Charts never mix accounting bases. Fund balances and levy/debt figures are ACFR (GAAP) modified-accrual, as originally reported. Budget figures are ISBE accrual. 2025 levy figures are primary-verified (county Tax Computation Report; adopted 6-0, 2025-11-25). Printed page N = PDF page N+6 for the FY2025 ACFR. FY2026 year-end figures are unaudited statements to the Board; the FY2026 ACFR is not yet published.