Welcome to Business Services
The Business Office is responsible for all accounting and reporting, auditing, budget and financial planning, cash and debt management, and general finance management across the District. If you have questions related to information on this page, please contact Dr. Pam Kibbons, Assistant Superintendent of Business at email@example.com or 224-842-2032.
Property Tax Relief Grant
RLAS-116 is pleased to announce the award of the Property Tax Relief Grant in January 2020 - this is excellent news for homeowners living within RLAS-116 boundaries!
This grant was awarded over a two-year period (2019-2020 & 2020-2021), totaling $6.7 million, or $3.3 million each year.
What does this mean for RLAS-116 tax payers? Property tax payers living within the RLAS-116 boundaries will receive a total credit of approximately $406 based on an average home value of $100,000. This tax credit does not include any other credits that the homeowner may be eligible for and receive on their tax bill.
Due to the tax bill structure, this abatement is not itemized on the homeowner’s tax bill. However, homeowners may go to the Lake County Tax Assessor website: www.lakecountyil.gov and search “Bond Abatements” to see the corresponding bond abatements. RLAS-116 bond abatements begin on page 138.
Any questions about this exciting news for RLAS-116 homeowners may be directed to Dr. Pam Kibbons, Assistant Superintendent of Business, firstname.lastname@example.org.
Homeowners don’t need to do anything to receive this credit. It is automatically applied.
Round Lake Area Schools has earned the Certificate of Excellence in Financial Reporting Award from the Association of School Business Officials (ASBO) International for the fiscal year ended 2020! This is the 8th year that our District has been recognized for this award. This award represents a significant achievement and reflects the District's commitment to transparency and high-quality financial reporting.
Thank you to Dr. Kibbons, the Business Offie team and our Board of Education members for your support in this area.