Stewardson-Strasburg Community Unit School District Tax Levy Limit Increase Proposition (April 2013)
This measure authorized the Stewardson-Strasburg Community Unit School District to increase its property tax levy limit from 2% to 2.5% for five years. in order to fund educational purposes. More details are available below in the text of the question.
Text of measure
Text of the question:
|“|| Shall the maximum tax rate for the tax which Stewardson-Strasburg Community Unit School District No. 5A, Shelby and Effingham Counties, Illinois, levies for educational purposes, be increased for a period of 5 years” by 0.50 percent, from the currently authorized rate of 2.0 percent to a rate not to exceed 2.50 percent upon the value of taxable property within the District as equalized or assessed by the Department of Revenue, as authorized by Article 17 of the School Code?
“1. The approximate amount of taxes extendible for educational purposes under the maximum rate currently in force is $698,953, and the approximate amount of taxes extendible if the proposition is approved is $873,691.
2. The most recently approved annual budget for Stewardson-Strasburg Community Unit School District No. 5A is $3,423,338. The annual budget if the proposition is approved and the tax for educational purposes is levied at the maximum rate would be $3,598,076, an increase of 5.1% over the current budget.”
State of Illinois
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