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Cullinan apartments in Joliet will produce some tax dollars for schools

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Chicago Local News — Cullinan apartments in Joliet will produce some tax dollars for schools that we obtained from news agencies. opinions and stunning details about the Cullinan apartments in Joliet will produce some tax dollars for schools that you have never heard before.

Cullinan apartments in Joliet will produce some tax dollars for schools


TIF formula bases school taxes on number of students not property value

Schools will get tax dollars from the 570 apartments to be built at Rock Run Crossings in Joliet, although not as much because of a Tax Increment Financing District in place for the development.

Troy School District officials pointing to potential pupils coming out of the Joliet apartments objected to the project without a school funding plan in place before it was approved earlier this month.

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Posted by Natalia Chi

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