Auburn School District Levy Increase (March 2012)
This measure was defeated
- YES 427 (42.11%)
- NO 587 (57.89%)
This measure sought to increase the current school property tax rate which is payed towards the repayment of bonds issued to $1,000,000 of the year allowing for property taxes to be increase by a rate up to 5 percent to make the payments.
Text of measure
The question on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|Shall the debt service extension base under the Property Tax Extension Law for Auburn Community Unit School District Number 10, Sangamon and Montgomery Counties, Illinois, for payment of principal and interest on limited bonds be increased from $136,190.75 to $1,000,000 for the 2012 levy year and all subsequent levy years, such debt service extension base to be increased each year by the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year?|
State of Illinois
|State executive officers||
Governor | Lieutenant Governor | Attorney General | Secretary of State | Treasurer | Comptroller | Auditor General | Superintendent of Education | Director of Insurance | Director of Agriculture | Director of Natural Resources | Director of Labor | Chairman of Commerce Commission |