2024-12-02 - Resolution 2024-28 - REQUESTING THE COUNTY OF LAKE NOT TO COLLECT THE LOSS IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVE 1
�� �i_ RESOLUTION 2024-28
BUFFAL�J A RESOLUTION REQUESTING THE COUNTY
OF LAKE NOT TO COLLECT THE LO55 IN
��VE COLLECTION ON TAXABLE PROPERTY IN
THE VILLAGE OF BUFFALO GROVE
WHEREAS the Village of Buffalo Grove is a home rule unit pursuant to the
Illinois Constitution of1970; and
WHEREAS,the Village of Buffalo Grove has experienced a high level of property
tax collections from its residential and commercial property in Lake County as verified
by audit and collection procedures; and
WHEREAS, the County of Lake has made it a policy to extend additional
amounts over and above the annual tax levy requests of the Village of Buffalo Grove in
order to offset any loss in collection of the tax levy; and
WHEREAS, those additional taxes will not be needed by the Village of Buffalo
Grove to perform its operational, pension and debt service responsibilities to its
citizens.
NOW THEREFORE BE IT RESOLVED by the President and Board of Trustees of the
Village of Buffalo Grove, Cook and Lake Counties, Illinois, as follows:
SECTION 1. The foregoing recitals are hereby adopted and incorporated and made a
part of this Resolution as if fully set forth herein.
SECTION 2.The County Clerk of Lake County is hereby directed not to levy the
customary percentage amounts for loss and collection as part of the extension of
those levies requested by the Village of Buffalo Grove in its 2024 Tax Levy Ordinance
upon all taxable property within the Lake County boundaries of the Village.
SECTION 3.The Village Clerk is hereby directed to send a certified copy of this
Resolution to the County Clerk of Lake County.
SECTION 4. This Resolution shall be in full force and effect from and after its
passage and approval.
AYES: 6-Johnson. Cesario, Ottenheimer. Stein, Bocek, Weidenfeld
NAYES: 0- None
ABSENT: 0- None
PASSED: December 2. 2024
APPROVED: December 2, 2024
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smart.with heart.
50 Raupp Blvd, Buffalo Grove, IL 60089 � 847-459-2500/ vbg.org
ATTEST: APPROVED:
_"� .�,.a-�.�
Janet . Sirabian,Village Clerk Eric N. Smi ,Village President
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50 Raupp Blvd, Buffalo Grove, IL 60089 � 847-459-2500/ vbg.org