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Look at over-reliance
on property taxes
in funding schools Relying on property wealth (or lack thereof) creates numerous problems. First, property ownership today has a much smaller relationship to one's net worth than in Colonial times. Today, with several ways of earning tax-deferred income, such as IRAs and 401(k)s, there are several methods to increase one's personal portfolio. How-ever, they do nothing to educate children in public schools. How net worth is determined has changed over the past 200 years, but the reliance on property taxes in Illinois to fund the costs of local school districts has not. Second, most other states have made efforts to alter the way their public schools are funded. Most of the Mid-western states, which are comparable to Illinois in diversity and economic back-ground, have passed legislation to change the way their schools are funded. Poll results demonstrate Illinois' taxpayers are willing to accept a modest increase in the personal income tax to provide new revenues to public schools, as long as there is property tax relief. The issue was not addressed in the
early 1990s because the state had severe
financial problems. Now that the state is
in better fiscal shape, when is the
appropriate time to fix the problem? How to write us Letters to the Editor Why do we neglect our
children's education? Money spent per student in 1998-99 varied in Illinois from $4,051 in Dallas City in Hancock County to $13,527 in New Trier High School near Chicago. The Dallas City high school is closing because there is not enough money to make repairs to meet safety standards required by the state. Whereas, New Trier offers 240 courses, including art and music, for its students. Is this fair? Lillian M. Snyder U of I enigma Correction Illinois Issues July/August 2000 | 40---Also available in PDF
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