Elaine:
There is no magic bullet for the school district's budget situation. However, it would be a start to see the Board and Administration fully appreciate the fact that Real Estate Tax Revenue and General Fund Total Expenditures have outpaced the growth of family incomes in our Community, and that this is not a sustainable state of affairs.
The Administration has footnoted its March 2, 2015 budget summary with references to the proposed millage increases attributed to PSERS and High School Debt ... as if this matters. In reality, it matters little to residents challenged with balancing their family budget with an ever-increasing real estate tax bill.
What does matter is that Total Expenditures in the General Fund are projected to have risen 175% since 2001-2002, compared to Earned Income Tax Revenue (which is a proxy for family income) having only risen 155% over the same time period.
Bill Matthews
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There is no magic bullet for the school district's budget situation. However, it would be a start to see the Board and Administration fully appreciate the fact that Real Estate Tax Revenue and General Fund Total Expenditures have outpaced the growth of family incomes in our Community, and that this is not a sustainable state of affairs.
The Administration has footnoted its March 2, 2015 budget summary with references to the proposed millage increases attributed to PSERS and High School Debt ... as if this matters. In reality, it matters little to residents challenged with balancing their family budget with an ever-increasing real estate tax bill.
What does matter is that Total Expenditures in the General Fund are projected to have risen 175% since 2001-2002, compared to Earned Income Tax Revenue (which is a proxy for family income) having only risen 155% over the same time period.
Bill Matthews
