The Forest Preserve District of Cook County, long-maligned by a reputation for mismanagement and politically motivated hiring, is taking a gamble on the November ballot: It’s asking voters to hike their own property taxes to give the district an annual budget boost of $40 million.
Cook County Board President Toni Preckwinkle and her hand-picked Superintendent Arnold Randall unveiled a revamp of the district in 2014, but a tax hike was deemed a political non-starter after decades of damaging headlines. Most focused on sweeping patronage accusations (later curbed by court monitoring), but also neglect and financial mismanagement as well as smaller-scale scandals, such as an aquatic center where workers pocketed payments and gave minors alcohol.
A referendum question for voters across the county will ask their permission for a 0.025% increase above the current state-mandated Property Tax Extension Limitation Law cap for the district, bringing the limit to 0.076%.
What does it mean for your bill? Right now, the owner of a median-priced home pays $36 to $47 in property taxes per year to the district. If the referendum passes, the increase for an average homeowner would be less than $20 a year, or about $1.50 per month, according to the district.
The revenues are not yet earmarked, but FPDCC Chief Financial Officer Stephen Hughes told the Tribune its current plans are to spend roughly $7.3 million to buy more property, $6 million for facility maintenance, $6.3 million for land restoration and $9.7 million for pension payments. The Chicago Botanic Garden in Glencoe and Brookfield Zoo, which both stand on FPDCC land, would get $2.4 million and $4 million, respectively, for capital maintenance.
Even the often tax-averse Civic Federation is in support of a “yes” vote on the referendum. President Laurence Msall is among advocates who argue the district has earned the right to ask for the extra cash after cleaning up its act. A right-sized workforce, cuts in expenditures and improvements in planning are all signs of improved management and oversight.
“But important to this referendum is that the Forest Preserves has a reasonable plan that has been vetted” by outside groups, Msall said.
More here.
