2017-31RESOLUTION NO. 2017 - 31
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 ofthe 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 TH E PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF
BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, that:
SECTION 1. The County Clerk of Lake County is hereby directed sotto levythe customary percentage
amounts for loss and collection as part of the extension of those levies requested by the Village of
Buffalo Grove in its 2017 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 a certified copy of this Resolution to the
County Clerk of Lake County.
AYES: 6 — Berman, Stein, Ottenheimer, Weidenfeld, Johnson, Smith
NAYES: 0 - None
ABSENT: 0 - None
ADOPTED: December 4, 2017.
APPROVED: December 4, 2017.
E MA M M F - ��
age sident
ATTEST:
Janet M.'Sirabian, Village Clerk