Crete Monee School Board Graphic.2

Board Cautious on Abating $53,448 from 2025 Tax Levy

Spread the love

Crete-Monee School District 201-U Meeting | March 10, 2026

Article Summary: Facing an uncertain financial forecast and potential reductions in federal funding, Crete-Monee school officials are leaning against abating a $53,448 property tax adjustment.

Levy Abatement Key Points:

  • The district has the option to abate a $53,448 levy adjustment designed to recover funds lost to property tax appeals.

  • Refunding the money would save taxpayers a minimal amount per household.

  • Board President Maurice Brown recommended keeping the funds to pad district reserves due to looming reductions in federal money and a lack of expiring TIF districts.

  • The board will take final action on the levy adjustment at its March 16 meeting.

Prioritizing financial caution, the Crete-Monee School District 201-U Board of Education on Tuesday, March 10, 2026, indicated it will likely retain a minor property tax adjustment rather than refunding it to taxpayers.

Assistant Superintendent Jason Okrasinski informed the board that as the district finalizes its 2025 levy calculations with the Will County Clerk’s Office, it has the option to abate an adjustment of $53,448. The specific adjustment mechanism exists to make the district “whole” after losing revenue to successful property tax appeals filed by commercial or residential property owners.

Okrasinski noted that abating the funds would serve as a one-time relief to taxpayers and would not negatively impact the district’s base levy going forward.

However, Board President Maurice Brown strongly advocated against the abatement. He noted that while he personally pays significant property taxes and would appreciate any reduction, the $53,448 spread across the entire district equates to an incredibly small amount per household. Conversely, retaining the funds provides a necessary buffer for a district budget that exceeds $100 million.

“I don’t think things are going to get better for us revenue-wise over the next couple years,” Brown warned the board. “New construction, we don’t have any TIFs expiring. We probably… have seen a significant reduction in federal money now.”

The board reached a general consensus to heed the financial warning. A formal resolution to finalize the levy will be brought forward for a vote at the board’s March 16 regular meeting.

Leave a Comment





Latest News Stories

Crete Monee Warriors Baseball Graphic

Crete-Monee Capitalizes on Kankakee Miscues, Cruises to 18-8 Run-Rule Victory

The Crete-Monee varsity baseball team turned a tight slugfest into a blowout on Wednesday, erupting for eight runs in the bottom of the sixth inning to secure an 18-8 home...
Emily Anderson of CBBEL speaks with a concerned resident at the WCDOT Open House on March 19-photo by Andrea Arens

Will County DOT Hosts Open House on Manhattan-Monee Road Project

By Andrea Arens Article Summary: Will County officials are in the early planning stages of a long-term improvement project along Manhattan-Monee Road, with construction likely years away. At a March...
Answers wanted to 'pathetic' state procurement issues

Answers wanted to ‘pathetic’ state procurement issues

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Lawmakers say Illinois-based businesses are getting work in other states but struggling to get business in their...
Report paints dismal picture of California's jobs market

Report paints dismal picture of California’s jobs market

By Chris WoodwardThe Center Square New research shows California is the Not-So-Golden State when it comes to jobs. Pacific Research Institute, a Pasadena-based, nonpartisan free market think tank, went as...
Report: U.S. added $1.2 trillion to national debt in six months

Report: U.S. added $1.2 trillion to national debt in six months

By Thérèse BoudreauxThe Center Square The U.S. government added $1.2 trillion to the national debt over the past six months, borrowing $163 billion during March alone, the Congressional Budget Office...
Illinois House pushes through bill restricting ICE detention centers in state

Illinois House pushes through bill restricting ICE detention centers in state

By Sean Reed | The Center SquareThe Center Square (The Center Square) – After heavy debate and Republican opposition, the Illinois House passed a bill that would all but ban...
Cheaper gas could take time amid tentative ceasefire

Cheaper gas could take time amid tentative ceasefire

By Brett RowlandThe Center Square Americans hoping for cheaper gasoline after the U.S.-Iran ceasefire will need to be patient, as oil prices and other economic factors continue to work against...
Trump says military remains in place as talks with Iran set to begin

Trump says military remains in place as talks with Iran set to begin

By Sarah Roderick-FitchThe Center Square President Donald Trump says that increased military assets in the Middle East will remain in place and ready as the U.S. and Iran embark on...
Illinois Quick Hits: Ex-nonprofit exec sentenced for state, federal grant fraud

Illinois Quick Hits: Ex-nonprofit exec sentenced for state, federal grant fraud

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A former Chicago-area nonprofit executive has been sentenced to a year in federal prison for misappropriating nearly...
Crete Monee School Board Graphic.1

Crete-Monee School Board Unanimously Rejects $503,000 Tax Levy Abatement

Crete-Monee School District 201-U Meeting | March 16, 2026 Article Summary: Opting to protect the district's operational reserves amid financial uncertainties, the Crete-Monee School Board voted down a resolution that would...
r66-centennial-logo

Will County Prepares for Route 66 Centennial with $3.4 Million in Grant Projects

Will County Board Meeting | March 19, 2026 Article Summary: Will County is gearing up to be a central hub for the 100th anniversary of Route 66, backed by $3.4...
Lawmaker calls for department reform supporting Illinois families with disabled children

Lawmaker calls for department reform supporting Illinois families with disabled children

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A Republican state representative in Illinois is continuing his push for simpler and less burdensome paths to...
Lawyers’ ‘misleading statements’ hang cloud over college finaid class action

Lawyers’ ‘misleading statements’ hang cloud over college finaid class action

By Scott Holland | Legal NewslineThe Center Square A federal judge won’t stop a class action alleging some of the country’s top higher education institutions colluded when awarding financial aid...
Ceasefire impact holds across markets despite varying reports on the Strait of Hormuz

Ceasefire impact holds across markets despite varying reports on the Strait of Hormuz

By Morgan SweeneyThe Center Square Stock markets soared and oil prices plummeted after the start of a two-week ceasefire with Iran, despite conflicting reports regarding the Strait of Hormuz. After...
SEC chairman returns ''first principles' to public markets, supports Texas exchange

SEC chairman returns ”first principles’ to public markets, supports Texas exchange

By Bethany BlankleyThe Center Square At a Texas Stock Exchange roundtable in Miami, Securities and Exchange Commission Chairman Paul Atkins outlined his plan to return “first principles” to public markets....