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March 15, 2016 — Illinois Primary Election
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Special District

Streator Elementary School District 44
Property Tax -

To learn more about measures, follow the links for each tab in this section. For most screenreaders, you can hit Return or Enter to enter a tab and read the content within.

Shall the maximum annual tax rate for educational purposes of Streator Elementary School District Number 44, County of LaSalle, State of Illinois, commonly known as Streator Elementary School District Number 44, be increased and established at 2.07 percent on the full, fair cash value of taxable property as equalized or assessed by the Department of Revenue instead of 1.32 percent, the maximum rate otherwise applicable to the next taxes to be extended for said purpose?

(a) The district is currently levying educational taxes at a rate of 1.32 percent.

(b) The approximate amount of educational taxes extendable under the maximum rate now in force in said School District is the sum of $1,894,992.

(c) If the proposition herein is approved the district will be authorized to levy educational taxes at a maximum rate of 2.07 percent.

(d) The approximate amount of educational taxes extendable under the proposed increased rate is the sum of $2,971,692.

(e) If the proposition herein is approved the percentage increase between the maximum rate the district is currently authorized to levy for educational taxes and the newly authorized rate is 56.82 percent.

(f) The total dollar amount of the most recently approved annual budget of the school district is $18,487,358.

(g) The total dollar amount of the annual budget if increased by the full amount of the additional tax which may be levied in the educational fund if the proposition is approved is $19,564,058.

(h) If the proposition herein is approved, the percentage increase between the total dollar amount of the most recently approved annual budget and the total dollar amount of the annual budget if the full amount of such additional tax were to be levied in the educational fund is 5.82 percent.

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