Showing posts with label referendum. Show all posts
Showing posts with label referendum. Show all posts
Monday, September 18, 2017
Thursday, June 18, 2015
N.J.-S.P. Officials Prepare for School Funding Referendum
Published: June 18, 2015
By: Mary Perren, WKVI
North Judson-San Pierre School officials are preparing to
ask taxpayers within the corporation to support a $1.5 million tax increase
over the next seven years to fund school operations. The school board will
formally authorize the process during their July meeting.
Last night they hosted a town hall “preparing for a
referendum” forum to outline what Superintendent Lynn Johnson calls the
“perfect storm” of state budget cuts and declining enrollment. General fund
revenue has decreased by $1.8 million since 2010, with additional decreases of
$300,000 per year expected in 2016 and 2017, for a total funding loss of $2.5
million, according to Johnson. Since 2010, N.J.-S.P. has also lost 352
students.
Board members have been working with CPA Curt Pletcher from
Umbaugh and Associates to decide how much money they need to replenish their
general fund. They’ve decided to seek a $1.5 million tax increase. Business
Manager and Treasurer Guy Richie says this includes a bit of a funding cushion.
If voters approve, it will sunset after seven years. Taxes would be higher
during the first year but would decline after the corporation pays off an
existing debt service loan. The initial proposed rate of 47.5 cents per $100 of
assessed value would drop by 20-cents in years two through seven.
Pletcher ran the numbers last night and said a homeowner
whose primary residence is valued at $100,000 would pay an additional $155
during the first year and $92 per year in subsequent years. Those numbers
factor in things like homestead tax credits. Owners of agricultural land would
see an average first-year increase of $9.63 per acre, which would drop to $5.65
until the tax sunsets. Rental and commercial property owners would pay an
additional $475 the first year, based on a value of $100,000. That number would
drop to $277 after that.
Pletcher stresses this is the maximum rate and cannot go up
without being brought before the voters again. After seven years voters will
have to approve an extension. If they don’t, taxes will go back down.
Johnson says money from the tax increase would be used to
pay for general fund expenses like vocational education, credit recovery,
classroom audio/visual media needs, and supplies, which would in turn free
money for teacher salaries. They make up the majority of the corporation’s
general fund expenses. She adds further cuts aren’t a viable option, as
increasing class sizes and eliminating programs will only drive more students
away.
WKVI will present the funding discussion in its entirety
during Sunday’s “Kankakee Valley Viewpoints” news program at noon CDT on
WKVI-FM. Visit http://www.njsp.k12.in.us/the-fight-for-public-education.html
for more information.
Tuesday, June 16, 2015
North Judson-San Pierre School Board Prepares for Upcoming Year
Published: June 16, 2015
By: Mary Perren, WKVI
Summer vacation just started, but the North Judson-San
Pierre School Board is already preparing for the coming year. Tonight’s school
board agenda includes discussion of Title I participation, textbook fees and
student handbooks for the 2015-16 school year.
Other agenda items include salary schedules for
transportation, non-certified employees and non-instructional salaried
employees as well as administrative salaries. The school board meeting starts
at 7 p.m. at the central office.
School officials will discuss finances in greater detail
during a special Wednesday evening “preparing for a referendum” town hall
meeting at the high school auditorium. CPA Curt Pletcher with accounting firm
Umbaugh and Associates will talk about funding challenges the school
corporation is facing due to a combination of declining enrollment and cuts to
various funding sources. Taxpayers who live within the North Judson-San Pierre
school district are encouraged to attend the 7 p.m. meeting.
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