Written by: Curtis Coonrod [Revised: 2/4/22] It is natural to overlook cumulative funds. Typically, civil taxing units make no change from year to year, and often no change is needed. However, in some circumstances, cumulative funds can affect the unit’s maximum property tax levy, and there may be ways to find new money. Municipalities and counties are allowed to establish cumulative capital development (CCD) funds. Generally, these are entirely outside the maximum levy limits, so they represent extra money for the unit. However, DLGF reviews these annually, and the levies are sometimes reduced by small annual amounts. After some years, the reductions may become significant. Municipal and county fiscal officers often overlook these small decreases and fail to take the […]