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District
87 to seek tax increase in fall
By
Kathryn Grondin Daily Herald Staff Writer
Posted Friday, August 13, 2004
Voters in Glenbard High School District 87 will be asked
in November to pay an additional 30 cents per $100 equalized
assessed value in property taxes to their schools.
The
school board voted Thursday night to pursue a ballot request
after debating whether to ask for a recommended 45 cents
per $100. They opted to shave off some in the interest of
residents' wallets.
A 45-cent
rate hike would have generated $20.5 million a year for
the district, which serves four high schools. About $7 million
was pegged for facility needs, while $5 million was earmarked
for instructional needs including teacher salaries. Another
$4.5 million was to restore fund balances to previous levels,
and $4 million was to eliminate the annual deficit over
the next several years.
"I
would vote for 45 cents. I believe in the dream," board
member Rose Malcolm said. "I just want to be sure."
The
45-cent rate increase would have translated into $435 added
to the property tax bill of a $300,000 home. The 30-cent
increase would cost $290 for the same owner.
The
money would enable the district to hire more teachers and
restore previously cut programs, as well as undertake building
maintenance and enhancements that include repairs for life
safety.
Financial
advisers predicted that without the referendum, the district
would face a $26 million deficit by 2009.
The
information brought mixed responses from residents.
"I'm
sold," Dave DiCarlo said. "I believe a referendum
is the way to go."
Others
said they thought the district should re-examine its teacher
salaries and questioned the purchase of some computer programs.
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