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Tax Levy Report Due Nov. 6

Monday, October 19, 2020

 

The PI-401 Tax Levy Report opened last Friday, October 16 and is due on Friday, November 6. Guidance on completing this report is available on the SFS Team website.

The application will also generate PI-1508 levy certification forms to provide your municipal clerks. This is the fifth year they are required to state on tax bills the portion of the levy attributed to non-recurring operating & debt referenda approved after December 31, 2014. Districts must provide this information in the levy certification process.

If your district refinanced referendum-approved (Fund 39) debt after December 31, 2014 and included earlier debt issuances as part of the refinancing, contact Roger Kordus for assistance in determining the Fall 2020 levy impact.

By law, school boards must set their tax levies by November 1.

Access to the PI-401 is through the SAFR portal.