Fair
44°
Crystal Lake, IL
Fair|Forecast »

D-2, with strong reserves, OKs $1.5M tax abatement

Text Size: AaAaAaAaAa

RICHMOND – Nippersink District 2 will collect $1.5 million less this year, the school board decided in a 5-2 vote Wednesday evening.

The tax abatement means that the owner of a home worth $200,000 will save an estimated $269 on the next tax bill, according to board documents.

District staff recommended an abatement of $1.5 million because that is about how much the surplus is expected to increase by this fiscal year, Superintendent Dan Oest.

The $10.4 million the district has in reserves is more than enough to cover the improvements to buildings and curriculum the district is anticipating, both plans it has hard numbers for and ones it still is developing, he said.

The recommendation also takes into consideration changes being discussed by the state legislature that would shift some of the costs for the Teacher Retirement System onto local districts, Oest said.

Board President Bert Irslinger’s vote weighed the goals he has as a parent and board member with his responsibility to taxpayers, including those without children in the district, he said.

Board member Mindy Ross said her “no” vote wasn’t because she didn’t trust Oest’s recommendation but because she wanted the decision to be based on a set policy. The district does not have a maximum fund balance policy although the topic has been on the agenda at past meetings.

At past meetings, Ross and the other board member who voted “no,” Matt Johnson, voiced concern about all the financial unknowns in the district’s future. They said they didn’t have enough information to feel comfortable in giving money back.

That was a concern shared by many parents in the audience.

A petition that circulated online and in person asked the district to wait on issuing an abatement until it had long-term plans with cost estimates.

“This should show you that people are concerned,” said Ruth Burlini of Spring Grove, gesturing around the crowded library at Nippersink Middle School.

Some of the speakers voiced their frustrations, asking why one of the parent-teacher organizations had been asked to raise $1,000 for paper and cardstock when the district had so much in reserve or why improvements were only being done now when the reserves totaled $5.5 million four years ago.

Previous Page|1||

Reader Poll

Which gaming system do you own?

Xbox
Wii
PlayStation
other
more than one