• The District 31 Board of Education voted at its December 8 meeting to place a 27 cent tax rate increase question on the March 20, 2012 general primary election ballot.

    The referendum question that will be placed on the March 20 ballot is reflective of the District’s attempt to receive an additional $1.55 million in revenue each year. This will allow the District to maintain the excellence of our current educational programs for students and avoid having to make further cuts beyond the $1.8 million in budget reductions already made. The ballot question takes into account the various factors that may impact the amount of actual tax dollars extended to the District.

    The chart below illustrates the estimated annual tax increase if the referendum is successful.

    ESTIMATED ANNUAL TAX INCREASE BASED ON HOME MARKET VALUE

    Market Value                                       Estimated Tax Increase

    $250,000                                                 $223

    $300,000                                                 $267

    $350,000                                                 $312

    $400,000                                                 $356

    $450,000                                                 $401

    $500,000                                                 $446

    $550,000                                                 $490

    $600,000                                                 $535

    $700,000                                                 $624

    $800,000                                                 $713

    $900,000                                                 $802

    $1,000,000                                              $891

    If you have any questions regarding the March 20, 2012, referendum, please contact Dr. Alexandra Nicholson, Superintendent.