The “Tale of Woe” for Schools If Income Tax Lowered

Here is the impact on McHenry County school districts (plus District 300 in Kane County)  if the 67% income tax hike passed by the Democrats after the election four years ago (bought and paid for by jobs given to lame duck Democrats), is lowered as the law promised.

If you click on the images, they will get larger.

St Aid to Ed bill hedings 2014St Aid to Ed bill McH Co topSt Aid to Ed bill McH Co bottomSt aid to Ed bill Kane 300


Comments

The “Tale of Woe” for Schools If Income Tax Lowered — 3 Comments

  1. Anyone remember? Live within your means.

    Get rid of the school social workers in schools and have parents to do their job!!

    Maybe Bob Anderson can look into the duplication of social workers: Police departments, Housing Authority, Senior Services, DCFS, Farm Bureau, Hospitals, schools etc. etc.

  2. Stop paying teachers ridiculous salaries & pensions, for dumbing down our kids with common core.

    Stop common core.

    Have Illinois follow Wisconsin’s lead.

    Property taxes lowered by saving school districts $$$$ – teachers pay into their health care & pensions like the rest of us.

    For a start!

  3. Has the School Board taken into account, when formulating budget, a comparison of whether the extraordinary amount of tax money taken from McHenry county residents on K-12 education might be more beneficial for the children if saved as a college fund for the children?

    Aren’t ‘the children’ affected by financial stress on ‘the parents’?

    Our District 200 school takes 2% of property value every year for their budget. National average for schools is less than half of that (1.2% or less is TOTAL average property tax as a percentage of property value, which includes not only school taxes but all local government, roads, libraries, fire and rescue, etc.).

    If you go to Zillow.com, throw a dart at the “sold properties” in any other state, and compare their property taxes to ours here…it is appalling. A $5 million house in Beverly Hills
    California pays only 72% of the amount a $933,000 house in Woodstock paid in 2012.

    In Woodstock, $11,000 of property tax gets you a $362,000 home, while in Little Silver New Jersey, $12,000 tax gets you a $736,000 home. Noone can argue they don’t have school unions in New Jersey.

    Brownsburg Indiana has a sold home, randomly chosen, paying $1500 in tax for a $184,000 sales priced home. In Woodstock, homes selling for $100,000 are paying at least $2000 taxes.

    When, if ever, will those responsible for deciding school budgets take into account that those $thousand$ taken from tax-paying home owning parents are being forcibly applied to K-12 rather than remaining available to parents to fund secondary education of their children?

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