The Kane School Board again has agreed to stay beneath a state-set limit should it need to raise property taxes for the 2012-13 budget.
Acting at its meeting Thursday, the school board voted 9-0 to go on record in favor of holding a tax hike below 2.6 percent.
This is the state-formulated “index” for Kane.
By agreeing to stay beneath the “index,” the school board enables the administration to move ahead with budget preparation plans under its normal timetable.
This schedule calls for the school board to adopt a tentative budget in May and a final budget in June. The school’s fiscal year begins July 1.
New School Board President David Westerburg joined with board members Ken Kane, Stephanie Eckstrom, Dick Coleman, Mark Paup, Larry Lamping, Ed Kocjancic Jr., Harry Steele and Gary Ziegler in approving the resolution to keep a possible tax increase under the “index.”
Failure to adopt the resolution would require the unveiling of a new budget proposal much earlier than normal. Failure to stay within the “index” also would give school district residents an opportunity to vote on the budget.
The school board since 2006 has adopted similar resolutions in December to agree to stay beneath the “index” for tax increases.
Westerburg, who was elected Thursday as the new board president, said adoption of the resolution “does not mean we will raise taxes 2.6 percent.” He said the resolution merely sets the “index” of 2.6 percent as “the maximum” for a tax hike.
In other business at the 40-minute meeting at the Kane Middle School auditorium, the school board:
See full article by purchasing the Dec. 12 edition of The Kane Republican.