Indian Head Park Village Tax Extension Increase (March 2012)

A Indian Head Park Village Tax Extension Increase measure was on the March 20, 2012 ballot in the village of Indian Head Park which is in Cook County.

This measure was defeated

• YES 359 (35.3%)
• NO 658 (64.7%)d

This measure sought to increase the current property tax in the village in order to pay for general village needs.

Text of measure

The question on the ballot:

Shall the extension limitation under the Property Tax Extension Limitation Law for Village of Indian Head Park, Cook County, Illinois, be increased from the lesser of 5% or the percentage increase in the Consumer Price Index over the prior levy year to 41.2% per year for 2012? For the 2012 tax levy year the approximate amount of the additional tax extendable against the property containing a single family residence and having a fair market value at the time of the referendum of $100,000 is estimated to be $63.15.