A proposal meant to make more money available to schools in Bartonville will be in front of voters April 2nd.
Limestone Community High School in Bartonville is asking you to vote yes to a referendum.
Last year, Superintendent Dr. Allan Gresham says some people did not understand the ballot and voted against it. By voting yes, the taxes you already pay will be spent on education instead of helping the school borrow money. Simply put, before the education fund tax is changed, the tax amount will be $0.96, after the shift it will change to $1.51. The debt service fund for borrowing money will decrease from $0.55 to $0.00, leaving a zero net change in your tax dollars. The tax money will be taken from the debt service fund and put toward education, programs and operational costs. Gresham says you won’t see any increase on your taxes from this. Officials say the ballot was misleading because it only tells half the story.
“What it doesn’t allow us to tell the story is, the increase to the education fund will be offset by a decrease in our borrowing or our bond and interest fund. So, in net effect, that’s a zero net effect on the property tax rate” said Dr. Gresham.
The question will be coming to a ballot near you on april second.