District 308 Adopts 2012 Tentative Levy with 4.9 Percent Increase
Assistant superintendent Paul O’Malley said actual amount is expected to be reduced through the County clerk.
The Oswego District 308 school board voted 6-0 in favor of adopting the 2012 tentative levy with a 4.98 percent increase. Assistant superintendent Paul O’Malley said this levy is just a proposal that must still be approved by the County clerk. He said the clerk is expected to reduce the proposal from the suggested 4.98 percent to near 3.1 percent. “The reason we levy higher is there could be new property,” said O’Malley. “If we fail to capture that new property, those new obligations will fall on the current taxpayer.” Want free local news in your inbox every morning? Sign up for our newsletter. For example, O’Malley provided a home assessed at $300,000 and said under the new levy there would be an increase of about $8 a month, or about $…
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Reality
8:49 pm on Friday, December 7, 2012
http://oswego.patch.com/articles/census-oswego#comments Well it looks like Tim's median household income for $75k is clearly way off. This Patch article based on the latest census says that the median household income is around $94k. more ›