On April 1, 2025, voters in McLean County will decide on the proposed 1 percent County Schools Facility Tax, which districts have dubbed the “one-cent” tax. McLean County voters shot down a similar tax proposal in 2014. "They call it a one-cent tax as a sales tactic to make it seem like it's not that much,” said Bryce Hill, of the Illinois Policy Institute. “It would be a 1 percent sales tax in addition to things like your state sales tax, your local sales taxes, all of those things.”
These 1% school facilities tax increases have been proposed all over the state. They appear to be instigated by a financial management firm that guides school districts in the campaign (“it’s just a one-cent tax”) then get a cut as they work with the schools in managing the money. The schools are not the ones initially proposing this, it is an outside for-profit company promoting a tax increase for their benefit.
mqyl
1 year ago
Hmm, is this proposal really for an additional one percent sales tax? For example, a 1 percent increase to a combined sales tax of 9 percent would result in a new tax rate of 9.09 percent. Or are they talking about 9 percent + 1 percent = 10 percent, which is a huge 11 percent increase? The latter is over a 100X greater than the former. I hope the school districts aren’t trying to trick their math-challenged residents.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
These 1% school facilities tax increases have been proposed all over the state. They appear to be instigated by a financial management firm that guides school districts in the campaign (“it’s just a one-cent tax”) then get a cut as they work with the schools in managing the money. The schools are not the ones initially proposing this, it is an outside for-profit company promoting a tax increase for their benefit.
Hmm, is this proposal really for an additional one percent sales tax? For example, a 1 percent increase to a combined sales tax of 9 percent would result in a new tax rate of 9.09 percent. Or are they talking about 9 percent + 1 percent = 10 percent, which is a huge 11 percent increase? The latter is over a 100X greater than the former. I hope the school districts aren’t trying to trick their math-challenged residents.