Wednesday, November 28, 2012

Union Township Schools to Seek Tax Increase in Porter County

From the Northwest Indiana Times:


Union Township Schools will either have to raise money or cut programs, Superintendent John Hunter said Tuesday during a presentation at Wheeler High School.
About 200 residents, teachers and students attended the event, which was billed as an informational session to educate the public about decreases in school funding and the impact of a proposed referendum to raise taxes.
“My No. 1 goal is to maintain our programs for our kids,” Hunter said. “That's why we're here tonight."
The schools are seeking to raise $1 million over a seven-year period through a maximum property tax increase of 22 cents on each $100 of assessed valuation.
If approved by voters, a home assessed at $100,000 would have an increase of $65.17 a year, or $5.43 per month. A $200,000 home would be $194.53, or $16.21 per month. A $300,000 home would be $323.88, or $26.99 per month.
Hunter said the money will go toward the schools' general fund, which covers day-to-day expenses. Some 86.8 percent of the fund is used to pay salaries and benefits. Special education, vocational education, utilities and supplies comprise the balance.
...
See the full article here: