Frankfort Square Park District Approves $5.59 Million Tax Levy

Frankfort Square Park District Meeting | Dec. 1, 2025

Article Summary: The Park Board unanimously approved a tax levy ordinance totaling over $5.5 million, utilizing a “balloon levy” strategy to capture revenue from new commercial development.
Tax Levy Key Points:

• The total amount levied for the 2025 tax year is $5,592,379.

• The district is using a “balloon levy” to capture tax revenue from new growth in Tinley Park.

• A Truth in Taxation hearing was held prior to the vote, but no members of the public attended.

The Frankfort Square Park District Board of Commissioners on Monday, Dec. 1, voted unanimously to approve a tax levy ordinance totaling $5,592,379 for the 2025 tax year.

The board approved Ordinance No. 25-12-368 following a public “Truth in Taxation” hearing held immediately before the regular meeting. According to Executive Director Audrey Marcquenski’s report, the district proposed a levy greater than 105% of the previous year’s extension, triggering the requirement for the hearing. However, no members of the public attended or provided input.

Marcquenski explained in her report that the district puts forth a “balloon levy” specifically to capture tax dollars from new growth, highlighting “new commercial development in Tinley Park.” She noted that without inflating the levy request, the district could lose out on tax revenue generated by this new development.

The levy request includes $3,987,421 for the Corporate Fund, $816,959 for the Recreation Fund, and $325,000 for Special Recreation, among other allocations.

Marcquenski emphasized that the district cannot receive more than property tax laws allow. “Even if the estimated levy is higher than the results of the final levy figures, the [Park District] will only receive what is established by the final EAV and new growth figures,” she stated in her report.

The motion to adopt the levy was made by Commissioner Ryan Holley and seconded by Commissioner Lauren Breedlove. It passed with yes votes from Commissioners Breedlove, Phil Cherry, Holley, and President Craig Maksymiak. Commissioners Frank Florentine, Joseph King, and Denis Moore were absent.