October 20, 2026 at 6:30 PM - Regular Board Meeting

Description: 

Each year, under the Illinois School Code, school boards are required to levy property taxes to help fund public schools. This levy process must be completed before the end of December.

In addition, the Truth in Taxation Law requires the District to follow specific public notice and hearing steps before adopting the annual tax levy. At least 20 days before the board adopts the levy, the board must publicly share its tentative levy, which is the estimated amount of property tax revenue needed for the coming year. A public notice must be published, and a public hearing must be held before the board can officially adopt the levy.

Based on estimates from the Lake County Tax Assessment Office, the District expects some adjustments in property values for the 2026 levy compared to the 2025 levy. These county estimates are usually very close to the actual numbers, which will be finalized next spring.

Administrative Consideration:
Administration recommends that the Board approve the proposed tentative tax levy and authorize a public hearing on November 17, 2026, at 6:30 p.m.

Description: 

In 2011, District voters approved a Debt Service Extension Base (DSEB) that increases annually by the Consumer Price Index (CPI) based on Public Act 96-0501, enacted in 2009. As a result, when the District’s Series 2023 Limited Tax Bonds were issued, they were structured under the assumption that the DSEB would increase annually by a CPI of 2%. At closing for the Series 2023 bond issue, Chapman & Cutler indicated that going forward, it would prepare a tax levy resolution annually so the District could capture the increase in the CPI and resulting DSEB each year beginning in tax year 2024.

If and when the DSEB increases, the District has the authority, in accordance with the provisions of the School Code, to adopt a levy increasing the amount of taxes levied to pay the Bonds up to the amount of the DSEB or the amount of the principal and interest due on the Bonds payable from the taxes levied for such levy year, whichever is less. The resolution also enables the District to capture the 2025 inflationary increase in the DSEB in future years. Based on the Series 2023 Bonds debt structure, $670.71 of the 2025 DSEB increase needs to be captured in levy year 2026.

Description: 

As a member district of the Special Education District of Lake County (SEDOL), the District is responsible for a prorated share of SEDOL’s employer contributions to the Illinois Municipal Retirement Fund (IMRF) for SEDOL employees. Each year, SEDOL calculates each member district’s share and provides the amount to be incorporated into the district’s annual tax levy.

The SEDOL IMRF levy is separate from the District’s own IMRF levy and must be identified separately on the Certificate of Levy. While the SEDOL IMRF levy is exempt from PTELL (tax cap) limitations, it is included in the District’s aggregate levy for Truth in Taxation purposes. The District is responsible for its allocated share of SEDOL’s IMRF costs whether or not the separate levy is adopted; approving the levy allows the District to collect the funds specifically for this obligation rather than absorbing the cost within existing District resources.

Description:  The School Code (105 ILCS 5/17 -1) requires that boards of education to develop an annual budget that is deemed necessary to defray all district expenses and liabilities. A school district's annual budget is for July 1 through June 30.

The Board of Education establishes a budget development time frame and calendar to guide the preparation of the budget, including an outline of the major organizational and review processes that occur during budget development. As we move forward in the budget process, we will review the target dates on the 2026-27 budget calendar.

Administrative Consideration
Administration recommends that the Board approve the District’s 2028 Budget Calendar as presented in the Board packet.
 

Description: 

District 75’s Policy 4:60, Purchases and Contracts, contains a unique clause requiring Board approval prior to any non-customary purchase exceeding $25,000.

To remain compliant under the current policy, the following purchases are being presented for advance approval.

Administration recommends that the Board approve the expenditures exceeding $25,000.

Description:  High Reliability Schools (HRS) framework gives schools a simple, step-by-step model to help every school succeed. Instead of guessing what works, it breaks school improvement down into five clear levels—starting with safety and strong teaching, all the way up to high-quality curriculum. Ultimately, HRS helps form a dependable system where every student gets a high-quality education.

Description:  The board members will discuss the committee resolutions and provide the D75 delegate input on how to best represent the interest of the D75 Board of Education.

Description:  Mundelein Village Manager Eric Guenther and Director of Community Development Amanda Orenchuk will present a proposed adjustment to the Village of Mundelein’s TIF District III, encompassing the Banker’s Triangle area.

Description:  I move that the Board of Education of Mundelein Elementary School District 75 accept the Superintendent's recommendation to adopt the Estimated Aggregate Tentative Tax Levy Year 2026, as presented.

Description:  I move that the Board of Education of Mundelein Elementary School District 75 accept the Superintendent's recommendation to approve the 2028 budget calendar, as presented.

Description:  I move that the Board of Education of Mundelein Elementary School District 75 approve the resolutions that will be submitted by the Delegate, Kristie Fingerhut, at the 2026 Illinois Association of School Board Conference.

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