Frequently Asked Questions
What is a Special Service Area?
SSA's are a funding mechanism that raises money to provide services to a designated commercial area. Illinois State statute determines many of the restrictions on SSA's. A Sponsor Organization, in this case, the Lakeview Chamber of Commerce, is coordinating the development of the SSA. A Sole Service Provider, which is typically the Sponsor Organization, administers the SSA-funded programs once the SSA is established.
Whose idea was it to consider an SSA?
The Chamber and Advisory Committee comprised of local property/business owners are considering the Special Service Area funding tool. The intent is to provide services beyond the Chamber and City's financial/administrative capabilities, not to duplicate or replace City services.
Over the next 4 to 6 months, the Committee will consider:
- A range of tax levy amounts applied to the Equalized Assessed Value (EAV) to determine a maximum rate.
- A scope of services focusing on sidewalk cleaning/snow removal, parking, facades, and marketing.
- Preliminary boundaries:
- Lincoln Avenue: Diversey Parkway to Addison Road
- Ashland Avenue: Diversey Parkway to Addison Road
- Belmont Avenue: Ravenswood Avenue to Racine Avenue
- Southport Avenue: Diversey Parkway Byron Street
Why do we need the Special Service Area?
Federal, state and city funds to provide needed services to urban business districts have become increasingly scarce. SSA funding will enhance Lakeview as a competitive commercial district and will seek to protect the investments of local property and business owners as well as the overall community.
How is the SSA established?
Two ordinances must be passed by City Council. First, the SSA Notice Ordinance calls for a public hearing and all property owners are advised of the date and time. Notices are not required to be sent to electors. After the public hearing, there is a 60-day waiting period before the second ordinance, or SSA Establishment Ordinance, is presented to the City Council for passage. A signed petition by 51% of electors and 51% of property owners who oppose the SSA and who complete the petition within 60 days of the public hearing will prevent the SSA creation. Preliminary Term: 10 years
Who governs it?
The Advisory Committee, with assistance from the Lakeview Chamber of Commerce, will form a Nominating Committee and nominating procedures to select the first SSA Commissioners from commercial property/business owners within the SSA boundaries. Candidates must receive approval by the City application process. Commissioners govern SSA tax money expenditures. Accountability measures include bylaws, an annual audit, and regular Commissioner meetings. 100% of the tax dollars are committed to the SSA. The City does not charge the SSA administrative fees. All SSA funds are spent on programs and services that benefit only the designated SSA area.
How much will the SSA cost? An example:
- Tax rate ceiling: .045* (0.45%) of the equalized assessed valuation (EAV)
- The budget cannot exceed 0.45% EAV
- Proposed first-year budget: $130,850
- Parcel Example:
- EAV: $100,000
- Estimated tax bill: $7,800
- SSA Tax Levy: $450
- New total tax bill: $8,250
* FOR EXAMPLE ONLY