Financial Information

ORDINANCE LEVYING AND ASSESSING TAXES
OF THE GRANDWOOD PARK PARK DISTRICT,
LAKE COUNTY, ILLINOIS, FOR THE
2025 TAX LEVY YEAR 

No. 25-1210001

BE IT ORDAINED BY THE BOARD OF PARK COMMISSIONERS OF THE
GRANDWOOD PARK PARK DISTRICT, LAKE COUNTY, ILLINOIS:

Section 1.  The sum of $345,677 or so much thereof as may be authorized by law for the following  purposes, be and is assessed and levied against all taxable property within the limits of the  GRANDWOOD PARK PARK DISTRICT at full, fair cash value as the same is assessed and  equalized for state and county purposes, for the current year (2025). The said taxes, which are  hereby levied, are exclusive of the amounts previously levied for the payment of bond indebtedness  and interest thereon.

Section 2: Hereafter set forth under the column “Amount Levied” is the specific amount hereby  levied for each fund. Each of said sums of money and aggregate thereof are deemed necessary by  the Board of Commissioners of the GRANDWOOD PARK PARK DISTRICT to defray the  necessary expenses and liabilities of the aforesaid Park District during the fiscal year beginning  the 1st DAY OF MAY 2025 and ending the 30th DAY OF APRIL 2026.

Corporate ………………..$202,411
Recreation……………….$91,524
Paving & Lighting…….$3,676
Special Recreation……$29,405
Liability Insurance……$14,985
Audit……………………….$3,676

TOTAL……………………$345,677

Section 3: Pursuant to Section 4-4 of the Park District Code (70 ILCS 1205/4-4) neither the Budget  and Appropriation Ordinance of the District for the current fiscal year beginning May 1, 2025, and  ending April 30, 2026, nor any other Budget and  Appropriation Ordinance is intended or required  to be in support of the tax levy made in this ordinance.

Section 4: The unexpended balance of any item or items levied in and by this ordinance may be  expended in making up any deficit of any item or items in the same general appropriation and levy  made by this ordinance.  The unexpended balance of the tax for general corporate purposes from  the preceding year may be accumulated and set aside for the purposes of building repairs and  improvements in a capital improvement fund, provided that the balance of such fund does not  exceed 1.5% of the aggregated assessed valuation of all taxable property within the district.

Section 5: The Secretary is hereby directed to file a certified copy of this Ordinance with the  County Clerk of Lake County, within the time specified by law and said County Clerk shall extend  the tax to produce the amounts levied herein upon the books of the Collector of the State and  County taxes, all as provided by law.

Section 6: This Ordinance shall be in full force and effect from and after its passage and approval  as required by law.

PASSED THIS 10th day of December 2025 pursuant to a roll call vote as follows:
AYES: 5
NAYS: 0
ABSENT: 0
ABSTAIN: 0
APPROVED THIS 10th day of December 2025.

David Nichols
President of the Board of Park Commissioners of the GRANDWOOD PARK PARK DISTRICT    Grandwood Park, Lake County, Illinois

 

IN THE OFFICE OF THE COUNTY CLERK  LAKE COUNTY, ILLINOIS

CERTIFICATION OF COMPLIANCE  WITH THE TRUTH IN TAXATION LAW  35 ILCS 200/18-55 THROUGH 18-100

GRANDWOOD PARK PARK DISTRICT

I, David Nichols, being first duly sworn on oath, hereby certify that I am the duly elected President  of the Grandwood Park Park District, Lake County, Illinois; and that the attached hereto is a true  and correct copy of the Annual Tax Levy Ordinance assessing taxes of the Grandwood Park Park  District for the fiscal year beginning May 1, 2025 and ending April 30, 2025.

I further certify that said Ordinance was adopted, pursuant to, and in all respects in compliance  with, the provisions of Sections 18-55 through 18-90 of the Truth-in-Taxation Law.   

WITNESS my signature this 10th day of December 2025.  

David Nichols
President of the Board of Park Commissioners of the GRANDWOOD PARK PARK DISTRICT
Grandwood Park, Lake County, Illinois

 

SECRETARY’S CERTIFICATE

I, Leslie Cassidy, the duly qualified and acting secretary of the Board of Park Commissioners of  the Grandwood Park Park District, Lake County, Illinois, and the keeper of the records thereof, do  hereby certify that attached hereto is a true and correct copy of an ordinance entitled:

 

AN ORDINANCE LEVYING AND
ASSESSING TAXES OF THE

GRANDWOOD PARK PARK DISTRICT, LAKE
COUNTY, ILLINOIS, FOR THE 2025 TAX LEVY YEAR

adopted at a regular meeting of the said Board of Park Commissioners held on the 10th day of  December 2025. A copy of such Ordinance was posted in the principal Park District building,  commencing on November 25, 2025 and continuing for at least ten days thereafter.  Copies of such  Ordinance were also available for public inspection upon request in the office of the Secretary.

IN WITNESS THEREOF, I have hereunto set my hand this 10th day of December 2025.

Leslie Cassidy

Secretary to the Park Commissioners of the GRANDWOOD PARK PARK DISTRICT
Grandwood Park, Lake County, Illinois

 

Please note: The original Levy Ordinance Document may be viewed in the Park District office.

 

 

 

Requests for public records not on the website must be made in writing and submitted to:

Grandwood Park Park District
Attn: FOIA Request
36630 N. Hutchins Road
Gurnee, Illinois 60031

Or, emailed to:
parkdistrict@grandwoodpark.net

Original documents may be viewed in the Park District office during normal business hours.