Racine Unified Schools Blind on Taxes.
Racine Unified Schools are expending great energy blowing their own horn over the lowest tax rate in years at $6.76, down from $7.62 last year.
A basic tax lesson for those who do not understand that while they are trying to make this sound like a tax decrease, nothing could be farther from the truth.
The tax levy is the important issue, divide that by the assessed property value, and you get the rate. My property is assessed higher by some $26,000 this year. Comparing the new rate will still mean an 8% increase in the amount of tax I owe for RUSD this year. Yes, the lower rate will result in an 8% increase.
So much for RUSD's claim that the 2nd referendum they passed just kept spending at the same rate. Now someone, anyone, please explain to me how this is a decrease.
RUSD should cut out the bad, PR and speak the truth for a change. while many people in Racine, are products of Racine schools, some of us went to school elsewhere and are smart enough to figure this shell game out.
Tax revolt is rampant in this state, apparently Dr. Hicks and the rest of the Racine Unified School Board have their heads in the sand.
There is also a proposal on the table to move from the yearly referenda and go to a 20 year, $70 million increase so they will not have to go through this process every year. Maybe that will finally be the breaking point for Racine taxpayers. I am past mine.
A basic tax lesson for those who do not understand that while they are trying to make this sound like a tax decrease, nothing could be farther from the truth.
The tax levy is the important issue, divide that by the assessed property value, and you get the rate. My property is assessed higher by some $26,000 this year. Comparing the new rate will still mean an 8% increase in the amount of tax I owe for RUSD this year. Yes, the lower rate will result in an 8% increase.
So much for RUSD's claim that the 2nd referendum they passed just kept spending at the same rate. Now someone, anyone, please explain to me how this is a decrease.
RUSD should cut out the bad, PR and speak the truth for a change. while many people in Racine, are products of Racine schools, some of us went to school elsewhere and are smart enough to figure this shell game out.
Tax revolt is rampant in this state, apparently Dr. Hicks and the rest of the Racine Unified School Board have their heads in the sand.
There is also a proposal on the table to move from the yearly referenda and go to a 20 year, $70 million increase so they will not have to go through this process every year. Maybe that will finally be the breaking point for Racine taxpayers. I am past mine.
posted by realdebate @ 5:36 PM
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