2018-27RESOLUTION NO. 2018 - 27
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 regpests 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 County Clerk of Lake County is hereby directed not to levy the customary
percentage amounts for loss and collection as art of the extension of those levies requested
by the Village of Buffalo Grove in its 2018 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
tote County Clerk of Lake County.
AYES: 5 — Berman Ottenheimer, Weidenfeld Johnson Smith
NAYS: 0 - None
ABSENT: 1 - Stein
PASSED: December 1-2018.
APPROVED: December 3 2018.
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Beverly Suss , Village President
ATTEST:
Janet irabian, Village Clerk