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Taxes

Thursday, January 24, 2013

When Can I File My 2012 Tax Return?

The IRS has announced a delayed start to the 2012 tax filing season. Here's the date of when you can file, plus some locations in Hinsdale and Clarendon Hills to get help on your taxes.

This article was written by Patch associate regional editor Deb Belt. You'll have to wait if you are used to filing your annual tax return at the earliest possible date. The Internal Revenue Service has revised its opening date for tax season — pushing it back eight days to January 30, 2013. The tax filing deadline is Monday, April 15, 2013. The IRS will begin accepting tax returns on Jan. 30, 2013. Most taxpayers should be able to file on that date,  though some revised forms may not be immediately available. You can blame the delay on the federal "fiscal cliff" crisis and the new tax bill Congress passed just after Dec. 31. You can find more information in this Forbes article. Electronic filing season was originally set to start on Jan. …

Monday, November 26, 2012

D86 Board OKs Tentative $75 Million Balloon Tax Levy

The amount the district actually gets permission to collect next spring will likely be significantly lower once the district's total EAV and new construction numbers are known.

The District 86 Board of Education approved a tentative tax levy last week that would aim to raise as much revenue via property taxes as state law allows. The board voted 5-2 to affirm the administration’s recommendation to request a $75.5 million “balloon levy” to be collected from its taxpayers, $73.1 million of which would go toward its capped funds like education and operations, despite the fact that such an increase accounts for $17 million more in new construction than the district expects, business manager Jeff Eagan said.  The $73.1 million for capped funds is a 4.5 percent increase over last year’s tax extension.  According to state law, the extension of the 2012 levy over the 2011 levy is limited by the 2011 consumer price index…

John Regan

9:52 am on Thursday, November 29, 2012

Barry, you said "Elections for school board in April. I hope to see some new names on the board after the votes are counted." Agreed. The majority of the school board are reprehensible, not just for the fiscal mentions you cite, but for the permitting the hidden liberal agenda of the faculty and the derelict administration to creep into the curriculum as well. I would be willing to help raise …   more ›

Tuesday, November 16, 2010

District 86 Approves 4 Percent Tax Levy Hike

Increase will bring in about $82 million for the district's 2011 and 2012 fiscal year budgets.

Residents within the boundaries of Hinsdale Township High School District 86 will see an increase in the amount of taxes they owe the district next year.    At Monday's District 86 Board of Education meeting, the board unanimously approved the tentative 2010 real estate property tax levy which will increase the district's property tax revenue by 4 percent. The increase will bring in about $82 million in dollars to be used for the district's 2011 and 2012 fiscal year budgets. On Nov. 1, the board considered a 3.1 percent, 5.7 percent and 4 percent increases in the tax levy. District 86 Business Manager Jeff Eagan said that at Monday's meeting, "the consensus was to move forward with the 4 percent option." Eagan added that the board plans to…

Monday, September 20, 2010

Public Hearing on proposed Special Service Area Is Tonight

Clarendon Hills Village Board is holding a public hearing on the creation of a new Special Service Area for snow removal downtown.

The Clarendon Hills Village Board will hold a public hearing to discuss a proposed Special Service Area (SSA) to cover the costs of snow removal in the village's central business district. If the ordinance is not approved, business owners will have to pay for their own snow removal downtown this year. The village has provided sidewalk snow removal services downtown out of its general fund since 2000.  This service has proven to be expensive, however—costing the village up to $45,000 a year.  Despite reducing the scope of snow removal services for the business district last winter, the village still spent $29,000. "We are seeking to create an SSA so that we don't have sidewalk snow removal competing with core services within the general …

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