CHAMPAIGN — The Champaign school board will meet at 5:30 p.m. Monday at the Mellon Administrative Building, 703 S. New, C., for an executive session. Its regular meeting will begin at 6 p.m. .

One thing on the agenda will be discussion of the proposed tax levy for next school year. The district is asking for about $76.3 million, but expects to receive about $75.3 million, said Chief Operating Officer Gene Logas. The request is a 4.5 percent increase from what the district received in property tax money last year.

Last year, the district asked for about $74.3 million and received about $73 million.

The district and most other taxing bodies ask for more than they expect to get to make sure they get all the money they're legally entitled to and because he's working in estimates, Logas said, as far as the assessed value of the district's tax base and new construction and the rate at which it's taxed.

"Changes in those could affect the amount that's legally available," he said.

The district is also subject to tax caps, which limit increases to either 5 percent or inflation, which was 1.5 percent in 2010, whichever is less.

Logas said he estimates what the district will receive because it's not yet known for sure what the tax base is.

"I don't know for sure the amount of new construction," Logas said, noting that number could be higher than expected. New construction isn't included in tax caps, and neither will be money from properties no longer in Champaign's East University tax increment financing district.

The school district and other taxing bodies negotiated to have certain properties released from the tax increment financing district, which means their property taxes will be unfrozen for the first time in 24 years. That happened when the city renewed the tax increment financing district in October 2010.

This is the only year those properties will be exempt from tax caps, Logas said, and expects them to be assessed at about $8 million.

Also on Monday night's agenda, Logas said, the board will discuss property taxes and the county's 1 percent sales tax for school construction. Proceeds from the sales tax are being used to pay off bonds that have financed new schools and building renovations.

The district is using also sales tax money to pay off debt on Barkstall and Stratton elementary schools, which opened in 1998, and Logas said the board will discuss abating property taxes for those debts.

"Without that action, the tax rate would be 14 cents higher," Logas said.

The board will take action on the tax levy and abatements in December, Logas said.