Chicago Tribune from Chicago, Illinois (2024)

Chicago Tribune, Friday, June 2, 1989 Section 2 7 Citysuburbs Taxes Proposed cid for Du Peso schools How county schools fare under Madigan's tax plan Elementary schools Continued from page 1 happy, because there may be a train starting to move and it's going in the direction where Pate may not be able to stop a tax increase. Other Senate Republicans also' downplayed the endorsem*nt, saying most GOP members believe it was a response to pressure from Madigan. "We know these various groups have been blackmailed into endorsing the program by being informed what would happen to bills they were interested in if they didnt support the program," said Sen. Roger Keats Glencoe). Madigan aides also lobbied the business groups with the possibility that without their support for the two-year surcharge, the legislature might approve a larger, permanent income tax increase.

Gottschalk denied any legislative threats had been issued by Madigan. "We're not acting on the basis of any attempted intimidation or threats. None have been made to us," he said. No timetable has been set for Senate consideration of the proposal. Several senators have questioned the temporary nature of the plan and the effect on schools and municipalities after it expired on July 1, 1991.

Those concerns, apparently, are being shared by Chicago Mayor Richard Daley. Although the city stands to gain $94 million in new revenue from the Madigan plan, Daley said Thursday that it is "a valid argument" that the temporary tax increase should be made a in Landscaped model homes open 11-6 admission ffSi. Tri.t Sun. thru June 11 only charge if Ji Rolling, wooded 1 TIT L- St. Charles schools, YraeWOTDSY sedjr of FOX GLEN e'- AJ 1 'r Cronin-Havlicck Builders, Inc.

SWfeifeJSi 1 R- Russell Builders, llfl i- 462-9696 'V Vn Huntington Homes 377-8ioo- uy t'a homes yr wwfMf Udl hi in fgjifiir Tiilk Tuirt i 1 iLSvfl From Rte. 64 in St. Charles io Jit' Jtu take Rte-25 north 2 to entrance of The Woods of Fox I II i G'en- (On Cast Side of Saxaaaav SaA-. north of the country club.) ST chables d-ajC-. Brothers Homes, Inc.

ST. CHARLES tXft 653-6988 JSff $361,900 $755,300 $143,000 $120,800 $103,400 $159,400 $516,300 $1,831,400 $2,857,900 $2,472,300 $543,800 $3,700 $1,657,700 $197,400 $617,700 $507,600 $770,600 $83,500 $101,500 $843,400 $199,600 $1,526,700 $138,300 $172,600 $18,000 $285,000 $2,837,000 $56,400 $738,500 $2,389,800 $55,100 $68,700 $15,500 $11200 $4,100 $24,800 $17,100 $171,200 $500 $369,400 $5,000 $119,100 $18,500 $74,500 $35200 $21,600 $6,800 $15,000 $100,200 $29,500 $199,500 $16,400 $20,700 $2,800 $28,700 $335,000 $2,400 $190,300 $353,900 $178,100 182 10.0 10.0 14.9 122 14.5 10.3 9.7 4.1 10.2 18.4 10.5 3.4 15.1 10.3 29.6 0.2 54.1 17.6 32.6 4.9 20.8 13.6 2.9 7.7 20.4 20.7 7.3 13.7 11.7 7.5 9.7 2.9 12.5 8.8 6.3 17.4 4.0 13.0 8.4 17.0 9.8 15.0 31.5 13.5 6.5 13.6 16.9 18.5 92 11.0 19.1 13.0 33.5 4.4 7.4 34.7 11.4 17.4 24.5 73.9 23.8 Bensenville 2 Addison 4 Wood Dale 7 Itasca 10 Medinah 11 Roselle 12 BI'mdale 13 Marquardt 15 Queen Bee 16 KeeneyvPle 20 Benjamin 25 McAuley 27 W. Chicago 33 WlnfleW34 Glen Elyn 41 Lombard 44 Villa Park 45 Salt Creek 48 Butler 53 Dwn. Gr. 58 i Maercker 60 Darien 61 Gower 62 Cass 63 Bromberek 65 Cntr.

Cass 66 Woodridge 68 Puffer Hef. 69 GlenEllyn89 Carol Str. 93 Burr Rdg. 180 Hinsdale 181 $306,800 $686,600 $127,500 $109,600 $99,300 $134,600 $499,200 $1,660,200 $2,852,700 $2,103,000 $571,700 $3,200 $1,538,500 $88,900 $543,200 $472,400 $749,000 $76,800 $86,500 $743,200 $170,100 $1,327,200 $121,900 $151,900 $15,200 $256,300 $2,502,100 $54,000 $548,200 $2,035,900 $241,200 $309,200 $429,300 $342,100 10.6 5.6 $32,900 High schools Hinsdale 86 $822,800 $807,100 7.9 Glenbard87 $4,649,200 $4,126,900 16.7 DaPage88 $1,317,900 $1,214,900 14.8 W. Chicago 94 $616,500 $489,800 14.7 Dwn.

Gr. 99 $1,758,000 $1,803,100 $45,100 3.0 12.9 FentonlOO $315,600 $320,900 $5,200 1.7 8.0 Lake Park 108 $1,323,200 $1,037,900 19.5 Unit districts Wheaton 200 $4,211,800 $5,298,800 $1,087,000 25.8 19.6 Westmont 201 $410,400 $415,300 $4,900 1.0 12.0 Lisle 202 $366,400 i $346,800 12.5 Naperville 203 $5,526,300 $4,770,600 17.1 Indian Pr. 204 $1,386,700 $1,869,000 $482,300 34.8 5.9 Elmhurst 205 $1,404,500 $1,462,700 $58,200 4.1 10.1 Du Page total $45,295,400 $47,745,400 $2,451,000 5.4 15.0 SouroM: Houm Speaker Michael Madgan, ainots State Board of Education. education and. transportation, is YhisFkmndmgi Program Letts You a Eettter Mome.

Iedmice MopMy Pay memitts. adopted, Elmhurst schools would gain $260,000. Genie Ramsey, board president of Glen Ellyn Elementary District 41, is neutral about the Madigan proposal. "Our concern for Du Page County is the money won't oka BnlA Schools Continued from page 1 said Ronald Fraser, the district's assistant superintendent for finance and operations. When assessed valuation goes up and average daily attendance goes down, general state aid plunges.

In the Glenbard schools, assessed valuation in 1987, the year used to calculate state aid for 1989-90, was $1.41 billion, compared with $1.22 billion in 1986. Average daily attendance, weighted by counting high school students as 1.25 students instead of 1 student each according to the state aid formula, is 8,441 now, compared with 8,663 a year ago. General state aid is not that vital a component of budgets in most Du Page school districts. Because per student assessed valuations of many districts are so high, local property taxes bring in most of the revenue. In Du Page schools, on the average, only IS percent of budgets are from state funds, compared with 33.2 percent for all Illinois school districts.

For that reason, any state income tax increase plan pegged to aid Illinois schools often receives a cool, neutral or ambivalent reaction from Du Page school offi-cidls l' The Elmhurst School District board has voted to oppose the Madigan plan because dollars flowing out of the pocketbooks of Elmhurst residents would not come back to the schools in the same amount. For its $30 million budget, Elmhurst schools would receive Jerry Bradshaw, Chairman Gary-Wheaton Corporation () I tion throughout Illinois desperately needs an infusion of state money." Like other school officials, Ramsey said that if the temporary boost gives schools more money for only two years and then is dropped, schools would face a big financial problem in 1991. "A permanent tax increase is very crucial," said Supt. James Erickson of Roselle's Keeneyville Elementary School District 20. He is ambivalent about the Madigan plan.

It would boost state aid in his district, which is strug- fling to meet payrolls, by 369,100. "In that sense, we're pleased," he said. But Erickson also has misgivings because of the temporary nature of the surcharge and because more money will be flowing out of Du Page County than will come back into its schools. Supt. James White of Glendale Heights' Queen Bee Elementary School District 16, also doesn like the two-year limit on the raise.

Queen Bee, the only Du Page school district that gets more than half of its budget from state funding, would receive only $5,200 more in state aid because of an 18 gercent gain in assessed valuation, ut without the Madigan plan, it would lose $175,000 in state support. Queen Bee is in financial trouble, with White proposing a 1989-90 budget with a $700,000 deficit. The Glendale Heights schools can ill afford to lose any state aid, he said. $58,200 more in general state aid in the Madigan plan. If another part of the speaker's proposal, to pay the entire cost of state-required programs such as special Home-buying seminar offered for Hispanics ble homes in a wide range of communities, the buyers' purchasing potential and the best ways to look for an affordable home.

Contact the council at 636-281 1 or Guillermo Alvarado at 248-6313 to make a reservation. The Leadership Council for Metropolitan Open Communities will sponsor a free seminar for Hispanic home buyers from 9 a.m. to 1 p.m. Saturday at Quality Inn, 1 S. Halsted St The seminar will concentrate on providing information on afforda "We have a new idea for home buyers whose "dream home" seems just out of reach.

With our exclusive Add-Vantage program, you can increase the size of your mortgage to buy a bigger or better home, and still lower your monthly payments over the first fewyears when your furnishing expenses may be higher. Yet you have the confidence of knowing that your loan rate is locked in. Call us for more information about this remarkable new idea in home financing." -1 Call us today. We're here from 8:00 am. to 9:00 p.m., seven days a week.

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Chicago Tribune from Chicago, Illinois (2024)
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