Stagnant Property Tax Levy Causing Funding Worries for Unit Five
By: Kim Behrens
Updated: October 24, 2012
NORMAL--A loss in revenue could affect Unit Five's education fund in a big way.
The McLean County School District is projecting a one million dollar loss to that funding source due to declining property values.
The education fund is used to pay teacher salaries.
Unit Five says it's too soon to decide how it will make up the loss, and the numbers are subject to change.
The McLean County School District is projecting a one million dollar loss to that funding source due to declining property values.
The education fund is used to pay teacher salaries.
Unit Five says it's too soon to decide how it will make up the loss, and the numbers are subject to change.
