Elmwood Community Unit School District 322 Proposition to Increase Maximum Annual Transportation Tax Rate
What does this measure do?
Elmwood schools could double the top property tax rate for student busing, from 0.20% to 0.40%, raising about $254,000 more a year to cover a growing busing budget gap. Owners of a home worth $100,000 could pay up to about $67 more a year.
Read the official ballot measure
Proposed by: Elmwood CUSD 322 Board of Education
The district's elected school board, by a 4-0 vote. It asks voters to double the top property tax rate for student busing, to cover a growing busing budget gap.
Source: illinoisweeklies.com
A YES vote means
The district may raise its busing property tax rate limit from 0.20% to 0.40%. Property owners could pay up to about $67 more a year per $100,000 of home value.
A NO vote means
The busing property tax rate limit stays at 0.20%, and property taxes do not go up because of this question.
Source: peoriaelections.gov