Oak Park and River Forest High School District 200 201 North - PDF document

Oak Park and River Forest High School District 200 201 North Scoville Avenue  Oak Park, IL 60302-2296 TO: Finance Committee FROM: Tod Altenburg, Chief School Business Official DATE: March 15, 2016 RE: Approval of PTAB Resolution BACKGROUND: The administration is asking the Finance Committee to review and recommend to the Board of Education the attached PTAB resolution giving the administration, in conjunction with our law firm Franczek, Radelet P.C. authority to file a Request to Intervene in Appeal Proceedings for the reassessment of property within our District. This resolution must be approved by the Board of Education on an annual basis SUMMARY OF FINDINGS: These PTAB requests have a negative effect on our property tax collection in subsequent years and the revenue cannot be recaptured. This request is necessary because the District must intervene within 60 days of notice. This is often too short a time period to bring the issue before the Board of Education. NEXT STEP: For the Finance Committee to recommend the PTAB Resolution be brought forward to the Board of Education to be approved at the regular March 24, 2016 meeting. TEL: (708) 383-0700 WEB: www.oprfhs.org TTY/TDD: (708) 524-5500 FAX: (708) 434-3910

Resolution Authorizing Intervention in Proceedings before the State of Illinois Property Tax Appeal Board Whereas , an owner or manager of a parcel or parcels of real property located within the boundaries of the State of Illinois has the right to file an appeal challenging the assessed value of the parcel or parcels of real property with the State of Illinois Property Tax Appeal Board ( “ PTAB ” ); and Whereas , a reduction in the assessed value of a parcel or parcels granted by the PTAB will lead to the issuance of a real estate tax refund from the Board of Education of Oak Park & River Forest High School District No. 200 (“ Board ” ); and Whereas, a taxing district has the right to intervene in proceedings before the PTAB in order to protect the taxing distric t’s revenue interest in the assessed value of a parcel or parcels; and Whereas , the time period during which a taxing district may intervene is 60 days after the taxing distric t’s receipt, from the Cook County Board of Review, of notice of the filing of an appeal by an owner or manager of a parcel or parcels of real property; and Whereas , the Board has determined that it is necessary, desirable, advantageous, and in the public interest to defend the Board ’s real property tax base by intervening in PTAB appeals filed on parcels within the boundaries of the Board. NOW THEREFORE, BE IT HEREBY RESOLVED, by the Board of Education of Oak Park & River Forest High School District No. 200, Cook County, Illinois, as follows: 1. The Board finds that all of the recitals contained above are true and correct, and that the same are hereby incorporated herein by reference. 2. The Board hereby authorizes Franczek Radelet P.C., as its legal representative, to: a) file a Request to Intervene in Appeal Proceedings in all 2015 assessment-year appeals filed at the PTAB for which the Board receives notice from the Cook County Board of Review, and b) represent the Board ’ s interests in those proceedings. 3. All motions and resolutions or parts thereof in conflict with the provisions of this Resolution are, to the extent of such conflict, hereby repealed. 4. If any section, paragraph, clause, or provision of this Resolution shall be held invalid, the invalidity of such section, paragraph, clause, or provision shall not affect any of the other sections, paragraphs, clauses, or provisions of this Resolution. 5. This Resolution shall be in force and effect upon its adoption. 425865.1

After a full and complete discussion thereof, Member moved that the foregoing Resolution be adopted and Member seconded the motion. The President directed the Secretary to call the roll for a vote upon the motion to adopt this Resolution. Upon a roll call vote taken, the Board of Education voted as follows: AYES: NAYS: Abstaining: PRESENT: Absent from Meeting: The President declared the motion carried and the Resolution duly adopted. Dated: By: _ President, Board of Education ATTEST Secretary, Board of Education - 2 - 425865.1