2015-38 RESOLUTION NO. 2015-38
A RESOLUTION REQUESTING THE COUNTY OF LAKE NOT TO COLLECT THE LOSS
IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVE
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, that:
SECTION 1.The COL111t�Clerk of Lake County is hereby directed not to lev� equestcd
the custornary
-
g)ercentage arnounts for loss and collection as part of the extension of those levies i
y the Village of Buffalo Grove in its 2015 Tax Levy Ordinance upon all taxable property
within the Lake County boundaries of the Village.
SECTION 2.The Village Clerk is hereby directed to send acertified copyof this Resolution
to the County Clerk of Lake County.
AYES: 6 — Berman, Trillin%, Stein, Ottenfichrier, Weidenfeld, Johnson
NAYES: 0 - None
ABSENT: 0 -None
PASSED: December 21, 2015.
APPROVED: December 21, 2015.
APPROVE:
AJ
A,
Beverly Suss 11., Village President
ATTEST:
Janet'M. Sirabian, Village CleFk-