Tuesday, May 22, 2012

Belvidere School District to discuss possible sales tax increase - Rockford, IL - Rockford Register Star

 

Bonds were issued seven years ago to help construct Belvidere North High School. The board made lower payments early on with the idea that more individuals would eventually move into the area and property values would increase.

However, neither occurred as planned, sticking the board higher bond payments with less people to pay for them.

By implementing the proposed sales tax, the estimated $2.2 million generated yearly could help increase revenue flow without increasing property taxes.

Read the entire story by clicking on the following:  Belvidere School District to discuss possible sales tax increase - Rockford, IL - Rockford Register Star

Monday, May 21, 2012

Northwest Herald | Ill. lawmakers agree to give up scholarship perk

 

The century-old custom has been under fire because some legislators awarded the scholarships to the children of friends and political insiders. Sometimes they ignored the rule requiring recipients to live in the legislator's district.

The measure eliminating the scholarships passed 79-32 Monday in the Illinois House. It had passed the Senate earlier, so it now goes to Gov. Pat Quinn. The Chicago Democrat says he plans to sign it.

Northwest Herald | Ill. lawmakers agree to give up scholarship perk

Saturday, May 19, 2012

Rockford School district to present reorganization plan at May 22 meeting, plans to reduce tax rate by 58 cents | The Rock River Times

 

Last fall, the district hired Fox, Lawson, and Associates, a Minnesota firm specializing in human resource compensation consulting for government organizations, to perform the market analysis. The study evaluated 11 school districts, two organizations and two data sources from the private sector. Comparison school districts included Belvidere, East St. Louis, East Aurora, Elgin, Freeport, Harlem, Lincolnshire-Prairie View, Peoria and Valley View.

Read further by clicking on following:  School district to present reorganization plan at May 22 meeting, plans to reduce tax rate by 58 cents | The Rock River Times

Monday, May 14, 2012

Boone County Real Estate Tax Bill Highlights

 

Tax year 2011, payable 2012

By Curtis P. Newport, Boone County Treasurer

Total real estate taxes billed for all districts in Boone County dropped about 0.76%, from $86,611,375 last year to $85,952,738 this year.

· The drop was largely due to a reduction in some bond levies from Belvidere School District 100. The total tax extension for School District 100 declined by $931,557.

· Other districts with significant decreases in their total extension include Rock Valley College (down $499,757), the City of Belvidere (down $185,658 including all TIFs and special service areas), the Village of Capron (down $92,865) and Belvidere Township (down $32,335 including the township road district).

· Other districts with reduced extensions include the Village of Poplar Grove, Hiawatha School District 426, the Boone County Historical Museum, Kishwaukee College, Bonus Township, the Spring Township Road District, Kinnikinnick School District 131 and Hononegah School District 207.

Lack of real estate development in the county continues to limit total property tax extensions under the tax cap law. Only $11,347,219 (less than 1% of the county’s total assessment) was assessed for the first time in 2011.

Total assessed value for the county dropped 9.3%, from $1,272,966,717 in 2010 to $1,154,154,597 in 2011. However, the changes vary greatly according to property class. Farm land assessments are up 7% while residential property is down 10.7%. This is the fourth consecutive year that farm land assessments have risen significantly, while other assessments have dropped for three straight years. Over time, this results in a shift in the tax burden. Homeowners are paying a lower percentage of the total county tax bill, while farm land owners are paying significantly more.

2011 was a quadrennial reassessment year, and the changes in residential property assessments vary significantly throughout the county. Because of market influences, some neighborhoods dropped as much as 20% while other neighborhoods barely changed.

Tax rates tend to change inversely with assessments. As property values drop, rates tend to increase. Overall, tax rates are higher this year because of the lower assessed values, but some taxing districts lowered their levies enough to result in lower tax rates.

Senior citizens who have had the Senior Citizens Assessment Freeze for many years will likely see higher tax bills, since their taxable value remains frozen while the tax rates have increased.

Generally speaking, taxpayers whose assessment dropped 10% or more are likely to see lower tax bills this year, especially if that property is located in School District 100. Those whose assessments dropped 9% or less will likely see higher tax bills, especially if they live outside of School District 100. There are many factors that influence individual tax bills.

Friday, May 11, 2012

BCJ Editorial on District 100’s proposed sales tax

Click on the photocopy to enlarge:

BCJ Editorial 5-11-2012

The above article is available in today’s Boone County Journal which is available free of cost at merchants across the county and on-line at:  http://www.boonecountyjournal.com/news/2012/Boone-County-News-05-11-12.pdf#page=2

Wednesday, May 9, 2012

Middle school kickball tournament helps Belvidere food pantry - WREX.com – Rockford’s News Leader

 

Middle school students in the Belvidere School District competed in a kickball tournament for a good cause on Tuesday.

Students donated a portion of the entry fee to the district's school-based food pantry, the Community Cupboard. They also spent the month of April collecting items like paper products, personal care items, household cleaning supplies, and baby items for the pantry.

The tournament took place at Prairie Fields Sports Park

Middle school kickball tournament helps Belvidere food pantry - WREX.com – Rockford’s News Leader

Thursday, May 3, 2012

Belvidere School District makes staff adjustments to maintain vital programs - Rockford, IL - Rockford Register Star

 

Belvidere's staffing adjustments for the 2012-13 school year include  not filling the director of special wducation position after it becomes vacant July 1; the district's athletic director also will take over a vacant assistant principal's position; one library/media center director will oversee district-wide services, while all other librarians will be placed in classroom teaching positions open through retirements and temporary contracts; and the building trades construction class will be eliminate. All other building trades classes will be available.
The changes will result in a savings of $997,947 and additional deductions and realignments will be considered as the district anticipates a $7 million deficit in its operating budget at the end of next year, according to a press release.

Click on the following for more details:  Belvidere School District makes staff adjustments to maintain vital programs - Rockford, IL - Rockford Register Star

Tuesday, May 1, 2012

Student brings gun to Washington Elementary - Rockford, IL - Rockford Register Star

 

Superintendent Michael Houselog said today that officials at Washington Elementary School, a K-6 school, were informed Thursday by a student who was accompanied by his parents that an unloaded gun had been brought to school by another student.

Houselog said the student who allegedly brought the gun to school, as well as his parents, has been questioned.

“He has confessed to having brought a gun to school,” he said.

Read the entire story by clicking on the followingStudent brings gun to Washington Elementary - Rockford, IL - Rockford Register Star