Rock Island Schools' Tax Levy May Stay at This Year's Level
Property taxes for residents of the Rock Island School District may not change next year. Last week, staff presented its proposed levy to the board of education.
Chief Financial Officer Jen Barton is recommending the current rate continue next year.
"85 per cent of our budget is salary and benefits - those are all under contract already negotiated, so we already know what our costs will be for next year. So the inflation for us is primarily health insurance benefits and then your supplies, some contracts, those types of items. Those are the smaller portion of our budget than the salaries."
That means the owner of a 200,000 dollar home will again pay about 3,600 dollars in property taxes to the school district.
She expects the board of education will give its final approval of next year's tax levy at a meeting in December. Local taxing bodies in Illinois are required to submit levies to their counties by December 31st each year.