(KMOV.com) -- The bad economy and Illinois’ financial crisis have created such a serious financial crunch that one Metro East school district is willing to face the wrath of taxpayers and ask for a tax increase—another is considering the same.
But Illinois residents are already having to dig deeper to pay for other increases.
Social Security taxes taken from paychecks are going up two percent and the price of Illinois license plates have jumped $2 this year.
Grant School District Superintendent Matt Stines said the district was hit by a perfect storm. A drop in property value, decreased local property tax income, the state’s financial crisis leading to reduced state funding and federal funds being cut have crippled the district financially.
He’s hoping taxpayers will pay just a little more to help them weather the storm.