0.5% INCOME TAX RENEWAL
November 3rd - Zero Tax Increase Income Tax Issue 23
Greeneview Schools are on the November 3, 2020 ballot for zero tax increase of a 0.5% income tax levy.
How Much Will Taxes Increase?
This ballot issue, if passed, will result in a zero tax increase for residents.
How much will this levy generate?
This 0.5% income tax represents 7.75% of the district's operating budget and generates approximately $1,000,000 per year.
Local support and revenue is vital as State and Federal funding face additional challenges at this time.
What will this levy be used for?
This revenue will help fund the day-to-day operations of our schools, such as staff, technology, utilities, curriculum and classroom supplies.
Why is it shifting from 5-year term to continuous?
It is a zero increase for residents because it is a renewal of a 1/2% income tax that expires at the end of 2021.
Tax payers approved the original levy in 2001 and have renewed the levy 3 times in 2006, 2010, and 2015.
This continuing levy will allow for uninterrupted funding for our schools at the current revenue levels.