Madison County residents face sales tax increase to pay for scho - KMOV.com

Madison County residents face sales tax increase to pay for school construction

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By KMOV Web Producer By KMOV Web Producer

(KMOV) – Madison County, Illinois residents are being asked to pay an additional $20 million in sales taxes to pay for school construction.

In return, property taxes are supposed to be reduced by local school districts, but some critics say there’s no guarantee that will happen.

Many Illinois residents are already feeling the sting of higher taxes as income taxes are already jumping 60 percent. The Madison School District is one of the 13 districts promising a property tax cut in return for a one-cent sales tax.

The thirteen districts across the county would split the $20 million in taxes for construction projects that are long overdue. For example, Alton, the district is three years behind in roof maintenance.

In a slow economy, the individual districts have been leery of asking the voters for more money. Fifty-one percent of taxes raised by the sales tax would be returned to homeowners through property tax abatements, but it would have to be approved by each district every year.

 

The regional superintendent says his office would also be holding these districts responsible for abatements, but there is no legal requirement for them to do so.

Early voting is already underway in Illinois, and both sides have websites voters can check to make an informed decision.

For more information, visit:
http://www.riverbender.com/articles/details.cfm?id=675

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