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1 % Woodford County Woodford County School Facility Sales Tax · 2018. 2. 27. · 1 % Woodford...

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1 % Woodford County School Facility Sales Tax Your Vote Matters VOTE on March 20 th The County School Facility Sales Tax is a new approach toward maintaining and improving schools and supporting local jobs across Woodford County. The March proposal asks voters to decide on a countywide, one percent sales tax utilized only for school facilities. If approved, the revenue from this sales tax can fund school improvements and has the potential to shift a portion of the tax burden from property owners. What is the 1% County School Facility Sales Tax? The County School Facilities Sales Tax represents the first shift away from relying on property taxes for local school district funding in Illinois. The law went into effect in 2007 (based on a similar law in Iowa) allowing voters to approve a sales tax to fund school facility needs. The county sales tax for schools is a new way to provide better schools, more jobs and lower taxes across Woodford County. The referendum asks voters to approve a countywide, one percent sales tax. The revenue from this sales tax will fund school improvements across the county AND allow school districts to reduce property taxes. A simple majority of votes cast countywide is needed to pass. After approval by voters, the tax will be imposed. If you would like more information or have any questions regarding the 1% County School Facility Sales Tax, please contact your district Superintendent. Dr. Dan Oakley - Fieldcrest CUSD #6 309-432-2177 - [email protected] Sean O'Laughlin - Metamora Township HS #122 309-367-4151 - [email protected] Dan Mair - Germantown Hills SD #69 309-383-2121 - [email protected] Dr. Michelle Lee - Riverview CCSD #2 309-822-8550 - [email protected] Martin Payne - Metamora CCSD #1 309-367-2361 - [email protected] Duane Schupp - Lowpoint-Washburn CUSD #21 309-248-7522 - [email protected] Brian Kurz - El Paso-Gridley CUSD #11 309-527-4410 - [email protected] Dr. Rohn Peterson - Roanoke-Benson CUSD #60 309-923-7508 - [email protected] Bob Bardwell - Congerville-Eureka-Goodfield CUSD #140 309-467-5735 - [email protected] How does the 1% County School Facility Sales Tax (CSFST) Affect Property Owners? The CSFST has the potential to provide relief for property owners. AVOIDANCE/REDUCTION: A district can avoid levying property taxes by using sales tax funds to pay for facility projects that would have been paid for with property taxes. A district can abate or decrease existing property taxes by using sales tax revenue to pay off outstanding building bonds. How Will the County Sales Tax for Schools Appear on the Ballot? The proposal will appear as follows: “Shall a retailer’s occupation tax and service occupation tax (commonly referred to as a “Sales Tax”) be imposed in the Woodford County at a rate of 1% to be used exclusively for school facility purposes?” Woodford County Schools
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Page 1: 1 % Woodford County Woodford County School Facility Sales Tax · 2018. 2. 27. · 1 % Woodford County School Facility Sales Tax Your Vote Matters VOTE on March 20th The County School

1 % Woodford CountySchool Facility Sales Tax

Your Vote Matters

VOTEon March 20th

The County School Facility Sales Tax isa new approach toward maintaining andimproving schools and supporting localjobs across Woodford County. TheMarch proposal asks voters to decide ona countywide, one percent sales taxutilized only for school facilities. Ifapproved, the revenue from this sales taxcan fund school improvements and hasthe potential to shift a portion of the taxburden from property owners.

What is the 1% County SchoolFacility Sales Tax?

The County School Facilities Sales Taxrepresents the first shift away fromrelying on property taxes for local schooldistrict funding in Illinois. The law wentinto effect in 2007 (based on a similar lawin Iowa) allowing voters to approve a salestax to fund school facility needs.

The county sales tax for schools is a newway to provide better schools, more jobsand lower taxes across Woodford County.The referendum asks voters to approve acountywide, one percent sales tax. Therevenue from this sales tax will fundschool improvements across the countyAND allow school districts to reduceproperty taxes.

A simple majority of votes cast countywideis needed to pass. After approval by voters,the tax will be imposed.

If you would like more information or have anyquestions regarding the 1% County SchoolFacility Sales Tax, please contact your districtSuperintendent.

Dr. Dan Oakley - Fieldcrest CUSD #6309-432-2177 - [email protected]

Sean O'Laughlin - Metamora Township HS #122309-367-4151 - [email protected]

Dan Mair - Germantown Hills SD #69309-383-2121 - [email protected]

Dr. Michelle Lee - Riverview CCSD #2309-822-8550 - [email protected]

Martin Payne - Metamora CCSD #1309-367-2361 - [email protected]

Duane Schupp - Lowpoint-Washburn CUSD #21309-248-7522 - [email protected]

Brian Kurz - El Paso-Gridley CUSD #11309-527-4410 - [email protected]

Dr. Rohn Peterson - Roanoke-Benson CUSD #60309-923-7508 - [email protected]

Bob Bardwell - Congerville-Eureka-Goodfield CUSD #140309-467-5735 - [email protected]

How does the 1% County SchoolFacility Sales Tax (CSFST) AffectProperty Owners?

The CSFST has the potential to providerelief for property owners.

AVOIDANCE/REDUCTION:A district can avoid levying property taxesby using sales tax funds to pay for facilityprojects that would have been paid for withproperty taxes.

A district can abate or decrease existingproperty taxes by using sales tax revenue topay off outstanding building bonds.

How Will the County Sales Tax forSchools Appear on the Ballot?

The proposal will appear as follows:

“Shall a retailer’s occupation tax and

service occupation tax (commonly

referred to as a “Sales Tax”) be imposed

in the Woodford County at a rate of 1%

to be used exclusively for school facility

purposes?”

Woodford CountySchools

Page 2: 1 % Woodford County Woodford County School Facility Sales Tax · 2018. 2. 27. · 1 % Woodford County School Facility Sales Tax Your Vote Matters VOTE on March 20th The County School

Retail sales NOT taxed include:• Farm Equipment and Parts• Farm Inputs• Groceries (unprepared food)• Medication and Vitamins

(over-the-counter & prescriptions)• Cars, Trucks, ATV’s• Boats, RV’s, & Mobile Homes

* Services are not taxed

If it is not currently taxed,it will not be taxed!

Sales Tax revenues can be used for:• Security Upgrades & Modifications• Maintenance and Repairs• Remodeling, Renovation & New

Construction• Land Acquisition• Energy Efficiency• Paying Off Building Bonds• Architectural Planning/Engineering• Durable Equipment

Sales Tax dollars CANNOT be used for:• Salaries and Benefits• Instructional Costs• Textbooks and Computers• Moveable Equipment• School Buses• Operating Costs

Information about the CountySchool Facility Sales Tax:

Sales Taxes across the StateBloomington/Normal 8.75%

Champaign* 9.00%

Chicago 10.25%

Decatur* 9.25%

Dwight* 8.25%

East Peoria 8.00/9.00%

Eureka, Congerville, Goodfield 7.25%

Galena* 8.25%

Lawrenceville 7.25%

Marion* 8.75%

Metamora 7.25%

Peoria* 9.00/10.00%

Pontiac* 7.25/8.25%

Springfield 8.50/9.50%

Streator 8.25%

Washington 8.00%

*includes voter approved CSFST

Source: Illinois Department of Revenue

Revenues DO NOT flow through the IllinoisGeneral Assembly budget process and arenot subject to cuts similar to what districtscurrently experience relating to State Aid.

How will this impact our localeconomy?

School Facilities

This dedicated revenue source will provideeach district in the county with additionalincome to help maintain schools andclassrooms for safety and sustainability.

Untapped Funding from Outside ourCounty

There are many travelers from outsideWoodford County stopping for snacks andgas while driving our highways,interstates and country roads as well asshopping in some of our quaint towns withunique shops within our County.

Property Tax Reform

A sales tax represents a shift away fromtraditional school funding. School districtshave another income source not tied toproperty taxes.

Jobs and Economic Growth

Many projects funded by the sales tax willput local people to work and support localbusinesses throughout Woodford County.

Local Control of Funds

Every school district will control how ituses this tax revenue through the electedschool board members who represent thelocal school community.

1%

Your Vote Matters


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