BEGIN:VCALENDAR VERSION:2.0 PRODID:-//ddaysoftware.com//NONSGML DDay.iCal 1.0//EN BEGIN:VEVENT DESCRIPTION:NOTICE OF PROPOSED PROPERTY TAX INCREASE FOR\nTHE BOARD OF EDUC ATION OF THE CITY OF CHICAGO\n(COMMONLY KNOWN AS “CHICAGO PUBLIC SCHOOLS”) \n1. A public hearing to approve a proposed property tax levy increase for the Board of Education of the City of Ƶ (commonly known as “Ƶ Public Schools”) for the Fiscal Year beginning July 1\, 2023\, and ending on June 30\, 2024 (“FY2024”) will be held on October 25\, 2023\, at 10:00 a.m. at the Ƶ Public Schools Loop Office\, 42 West Madison Street\, Garden Level\, Board Room\, Ƶ\, Illinois 60602. \nFor this Truth in Taxation Hearing\, advance registration to speak will begin on Monday\, O ctober 23\, 2023 at 10:00 a.m. and will close on Tuesday\, October 24\, 20 23 at 5:00 p.m. or until 10 slots have been filled\, whichever occurs firs t.  Advance registration during this period is available by the following methods:\nOnline:  www.cpsboe.org (recommended)\nPhone:  (773) 553-1600\nT he Public Comment segment of the Truth in Taxation Hearing will conclude a fter the last person who has registered to speak has spoken\, or 10:30 a.m .\, whichever occurs first.\nRegistered speakers who wish to present durin g Public Participation may have the option to participate in person at the location of the Hearing or virtually via an electronic platform. The publ ic will have access to the Hearing via live stream at cpsboe.org.\nMembers of the public may submit written comments on this proposal via the Writte n Comments Form on the Board’s website at www.cpsboe.org or mailed to 1 N Dearborn\, Suite 950 by 5:00 p.m. Thursday\, October 26\, 2023.\nII. The c orporate and special purpose property taxes extended or abated for the Fis cal Year commencing July 1\, 2022\, and ending June 30\, 2023 (“FY2023”)\, were $3\,536\,143\,680. The proposed corporate and special purpose proper ty taxes to be levied for FY2024 are $3\,732\,882\,160. This represents a 5.6% increase over the previous year.\nIII. The property taxes extended fo r debt service and public building commission leases for FY2023 were $52\, 931\,380. The estimated property taxes to be levied for debt service and p ublic building commission leases for FY2024 are $79\,702\,528. This repres ents a 50.6% increase over the previous year.\nIV. The total property taxe s extended or abated for FY2023 were $3\,589\,075\,060. The estimated tota l property taxes to be levied for FY2024 are $3\,812\,584\,688. This repre sents an 6.2% increase over the previous year. \nDated at Ƶ\, Illino is\nOctober 13\, 2023\nƵ\nBy: /s/ Jianan Shi Pres ident\nAttest:\n/s/ Susan Narrajos\nSecretary DTEND:20231025T100000 DTSTAMP:20241221T090533 DTSTART:20231025T100000 LOCATION:CPS Loop Office Ƶ\, IL 60602 SEQUENCE:0 SUMMARY:Monthly board meeting UID:9554fdd8-d158-4779-8bc6-f31e1465d4a7 END:VEVENT END:VCALENDAR