Poll: Should Education Be Funded Primarily Through Property Taxes?
Education largely is funded through local property taxes.
Education funding in Illinois largely comes from local property taxes. Critics of the system state that depending on property taxes creates huge disparities in how much is being spent on education from district to district. For example, a Chicago Tribune analysis found that in 2010 Taft Elementary School in Lockport spent $7,023 in operating cost per student, while Rondout Elementary near Lake Forest spent $24,244. A recent lawsuit argued the system was unfair because people in areas with large, wealthy, property tax bases paid a lower tax rate than people who lived in less wealthy areas, the Daily Herald reported. Another issue is that property taxes are not tied to any economic reality for the taxpayer. Property taxes rise regardless of …
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Sully
9:41 am on Thursday, February 28, 2013
Much! more ›