Voters in the Wayne Township Schools district will vote in May on a tax referendum to raise an extra $10 million for each of the next eight years.
The school board approved the referendum Jan. 28, according to WISH-TV. The added revenue would pay for student security, transportation, preventive maintenance, the retention of academic programs, and teacher recruitment and retention.
The referendum on the May 7 ballot will ask voters to increase property taxes by 35 cents per $100 of assessed valuation. The school district said the median homeowner age 64 and younger will pay an additional $8 per month. The median homeowner 65 and older who qualifies for a deduction would play an additional $4.33 per month. Property taxes are paid every six months.
“The monies would permit the district to close the gap in its educational fund brought on by state funding that has not kept pace with inflation,” the release said.
The district also said continued instability in property values in Wayne Township have caused a reduction in property tax revenue for the district in two of the last five years.
“The phrase they always like to use is ‘We lost the money.’ You didn’t lose the money; the people didn’t want you to have it – that’s why they put the tax caps in the Constitution!”
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