Professional Development Credit – This micro-credential may be eligible for continuing professional development credit in your state. Contact your state affiliate association to learn more.
Tax Levy Process – Practitioner (superintendent, assistant superintendent, business manager and support staff assigned to the Levy) will engage in the entire Tax Levy Process in collegial and collaborative processes. The individual who receives the Tax Levy Process micro-credential will understand and develop a plan of action; and create a levy which includes the analysis, practical application, Board of Education presentation, and the required tax extension paperwork.
Overview – The Tax Levy Process micro-credential requires the practitioner demonstrate the skills necessary to implement the tools, terminology, and processes to facilitate a realistic, effective, and efficient tax levy process. These skills will include the ability to analyze the variables necessary to complete a tax levy with a full understanding of all technical and applicable vocabulary; prepare required levy calculations, written documents, forms, communications, and presentation materials; and present the entire levy information verbally to a governing board and include all required documents for final filing to the tax collection agency approved by the governing board. The required skills are all supported by the International School Business Management Professional Standards which also are guidelines for the Illinois Association for School Business Officials.
Essential Outcomes – The Illinois Association of School Business Officials (IASBO) has identified three key essential outcomes of a master tax levy practitioner:
- Analyze the variables necessary to complete a tax levy with a full understanding of all technical and applicable vocabulary.
- Prepare required levy calculations, written documents, forms, communications, and presentation materials.
- Present the entire levy information verbally to a governing board and include all required documents for final filing to the tax collection agency approved by the governing board.
- Provide a plan with strategies, implementation timelines, evaluation, and monitoring process to ensure continued improvement and success in completing a tax levy.
Part 1. Overview Questions
Develop a responsive narrative that answers the following questions (1,000-word minimum):
- What is the difference in a Capped and Uncapped Levy?
- What is Equalized Assessed Value (EAV)
- What is “New Property EAV” and how is it used in a levy? Explain the different events that add new EAV to a levy.
- What are the different funds used in a levy and their purpose?
- What is a maximum rate for a fund and how does that affect a levy?
- What strategies can one use if a proposed levy goes over a maximum rate in a fund?
- What is a tax appeal and how does it affect the levy?
- What is a tax objection and how does it affect the levy and what can a school district do when they are notified of a tax objection to their levy?
- What can one do if there is a property tax appeal in the levied EAV? Explain the different due dates and map out in a calendar the tasked required for each date and the parameters used for each event.
- Explain which funds one must monitor with fund balance when preparing a levy.
- What are the variables of a TIF and how it affects a levy?
Part 2. Skill Demonstration Product with Self-Analysis
Develop an artifact portfolio that captures the essential outcomes for the Tax Levy micro-credential and complete the evidence self-analysis.
For each EO detail you will be required to reference an uploaded artifact(s) and guide the assessor to the specific evidence (page number, video time stamp, etc.) within the uploaded artifact(s). An explanation of how the evidence demonstrates proficiency of the outcome detail is also required. The practitioner must clearly and compellingly demonstrate proficiency of every detail under each essential outcome.
Part 3. Reflection and Application
Submit, in writing, a summary of your experience of Tax Levy (500-word minimum). Provide specific examples of how you applied all components of the essential outcomes. Develop a plan for the meaningful application or dissemination for each of the essential outcomes that allows for the ongoing utilization of the knowledge or skills in a real financial projection.