G.I.S. Venture v. Novak

Illinois Appellate Court
Civil Court
School Districts
Citation
Case Number: 
2014 IL App (2d) 130244
Decision Date: 
Tuesday, September 30, 2014
District: 
2d Dist.
Division/County: 
Du Page Co.
Holding: 
Affirmed.
Justice: 
McLAREN
Court entered summary judgment in favor of County Treasurer and County Collector and 17 School District intervenors, and against Plaintiff taxpayers, on 54 tax-rate objections spanning 13 years. Districts provided evidence that no improper accumulation of assets would have resulted, had District properly transferred working cash fund assets to educational fund, and taxpayers stipulated to that evidence. No genuine issue as to any material fact remained, and thus summary judgment was proper. (BURKE and SPENCE, concurring.)