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DESCRIPTION:NOTICE OF PROPOSED PROPERTY TAX INCREASE FORTHE BOARD OF EDUCAT
 ION OF THE CITY OF CHICAGO(COMMONLY KNOWN AS “CHICAGO PUBLIC SCHOOLS”)\nI.
  A public hearing to approve a proposed property tax levy increase for the
  Board of Education of the City of Chicago (commonly known as “Chicago Pub
 lic Schools”) for the Fiscal Year beginning July 1\, 2022\, and ending on 
 June 30\, 2023 (“FY2023”) will be held on October 26\, 2022\, at 9:30 a.m.
  at the Chicago Public Schools Loop Office\, 42 West Madison Street\, Gard
 en Level\, Board Room\, Chicago\, Illinois 60602.\nFor this Truth in Taxat
 ion Hearing\, advance registration to speak will begin on Monday\, October
  24\, 2022 at 9:30 a.m. and will close on Tuesday\, October 25\, 2022 at 5
 :00 p.m. or until 10 slots have been filled\, whichever occurs first. Adva
 nce registration during this period is available by the following methods:
 \nOnline: www.cpsboe.org (recommended)Phone: (773) 553-1600\nThe Public Co
 mment segment of the Truth in Taxation Hearing will conclude after the las
 t person who has registered to speak has spoken\, or 10:00 a.m.\, whicheve
 r occurs first.\nRegistered speakers who wish to present during Public Par
 ticipation may have the option to participate in person at the location of
  the Hearing or virtually via an electronic platform. The public will have
  access to the Hearing via live stream at cpsboe.org.\nMembers of the publ
 ic may submit written comments on this proposal via the Written Comments F
 orm on the Board’s website at www.cpsboe.org or mailed to 1 N Dearborn\, S
 uite 950 by 5:00 p.m. Thursday\, October 27\, 2022.\nII. The corporate and
  special purpose property taxes extended or abated for the Fiscal Year com
 mencing July 1\, 2021\, and ending June 30\, 2022 (“FY2022”)\, were $3\,58
 8\,675\,744. The proposed corporate and special purpose property taxes to 
 be levied for FY2023 are $3\,780\,259\,763. This represents a 5.3% increas
 e over the previous year.III. The property taxes extended for debt service
  and public building commission leases for FY2022 were $52\,931\,380.  The
  estimated property taxes to be levied for debt service and public buildin
 g commission leases for FY2023 are $52\,931\,380. This represents a 0% inc
 rease over the previous year.IV. The total property taxes extended or abat
 ed for FY2022 were $3\,641\,607\,124. The estimated total property taxes t
 o be levied for FY2023 are $3\,833\,191\,143. This represents a 5.3% incre
 ase over the previous year.\nDated at Chicago\, IllinoisOctober 18\, 2022C
 hicago Board of Education\nBy: /s/ Miguel del Valle President\nAttest:/s/ 
 Estela G. BeltranSecretary
DTEND:20221026T093000
DTSTAMP:20260405T085613
DTSTART:20221026T093000
LOCATION:CPS Loop Office Chicago\, IL 60602
SEQUENCE:0
SUMMARY:Monthly board meeting
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