Sangamon County School Facility Sales Tax

On November 6, 2018, the voters of Sangamon County will be asked to approve a proposal to provide funding to all county school districts through a 1-cent retail sales tax increase. The revenue from this Sangamon County School Facility Sales Tax will be generated from Sangamon County residents and more importantly from the people who visit and travel through Sangamon County. The revenue can only be used to maintain and improve school facilities or to make payments on existing bond debt. The Sangamon County School Facility Sales Tax is a shift from exclusively relying on local property taxes to fund school facilities.

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The link below is a copy of the WCUSD#15 FY19 Budget and Financial Projection presentation. Due to historical lack of linear revenue from the state, the District has been deficit spending for the last several years. Due to our Equalized Assessed Evaluation (EAV) increasing on an average of 4.2% over the past 10 years, our only guaranteed increase in District revenue is the increase in local tax extensions. During this time the WCUSD#15 Tax Rates have decreased. The WCUSD#15 Tax Rate of $4.47 is the 13th lowest out of the 18 Sangamon County School Districts. As the expenses to educate a student continue to increase, the District has continued to do more with less. The WCUSD#15 Board of Education have been very good financial stewards to the taxpayers.

Budget Presentation Sept 17, 2018.pdf