2020-59 - REQUESTING THE COUNTY OF COOK NOT TO COLLECT THE LOSS IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVE - 12/07/2020 RESOLUTION NO.2020-59
A RESOLUTION REQUESTING THE COUNTY OF COOK 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 Cook County as verified by audit and collection
procedures; and
WHEREAS,the County of Cook 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 County Clerk of Cook 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 2020 Tax Levy Ordinance upon all taxable property within the Cook 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 Cook County.
AYES: 6—Stein„ Ottenheimer, Weidenfeld,,Johnson Smith Pike
NAYES: 0— None
ABSENT: 0— None
PASSED: December 7, 2020
APPROVED: December 7,2020
APPROVED:
4everly Sussmrillage"President
ATTEST:
Jane irabian, Village Clerk