Lower tax bill
To the Editor:
A back-door tax hike is in store for homeowners if the McHenry High School referendum passes. A “no” vote on the District 156 referendum in the April election will result in a lower tax bill.
School administrators and board members quietly have scheduled a $2.12 million referendum for the April 9 election. If the referendum fails, a $2.2 million in tax savings from refinancing $29 million of district bonds will go to lower the property-tax bills of district home-owners. If the referendum passes, the $2.2 million of tax savings will be spent by district administrators and board members.
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