Quantcast
breaking news

District 150 Approves School Facility Sales Tax

By: Eugene Daniel
Updated: March 11, 2013
watch video

PEORIA - A new sales tax could show up on next year's election ballot after a school board vote Monday night.

District 150 wants to add a one percent sales tax increase to generate revenue for school facility improvements. The district voted unanimously in support of the tax and hopes it will help maintain and expand facilities without increasing property taxes.

District 150 treasurer Dave Kinney expects the district will lose nearly $10 million in general state aid in 2014 alone. He says the district cannot sit still and do nothing.

"As those revenues get tighter and tighter, if we don't have some way to help fund some of these facility improvements, whether it's simple health life safety things or expanding our network infrastructure, those types of things; it's got to come from somewhere," said Kinney.

District 150 expects to get $9 million annually from this tax.

School boards representing more than half of the students in the county must take a similar action for it to be added to the March 2014 ballot.

Forty nine percent of students go to District 150 schools. 

Comments

Readers Feel...

hello
 
Daily Deal
 
news-power-online2008-01-10-1200002414.jpg
For copies of news stories you saw on WMBD, WYZZ, or Nationwide, contact Corporate Video’s NewsPowerOnline.com .  DVD, CD, VHS, and digital transfer to your desktop are available.
 
Meet The Team
Take a moment to meet WMBD 31's team.  Click here to learn more about the people who are "Taking Action for You!"
 

 
©1998 - 2013 Centralillinoisproud.com
Nexstar Broadcasting, Inc.
All Rights Reserved