Thursday, April 28, 2011

Tax Cap Gun to Our Heads, Part 2

The IJ reports today that the average school tax levy hike across the state for 2011-2012 averages 3.4 percent, with spending increases averaging 1.3 percent. Dryden messes with that average, with a tax hike of 5.5 percent despite a spending decrease: -2.06 percent.

Think what it means for a district like ours to try for an annual tax hike of 2 percent. Consider that spending decrease as it multiplies year after year.

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