BUILDING A BETTER DISTRICTA Movement By Citizens Demanding Transparency, Accountability, and Community Engagement for Central CUSD 301/Burlington in the State of Illinois.Building A Better District is a taxpayer-led movement and is not affiliated with, nor endorsed by, the Illinois State or Kane County Regional Board of Education, nor any individual school district, or administration/Board of Education. |
HOW MUCH WOULD THE $224.6 MILLION REFERENDUM REALLY COST YOU?
This calculator will be using the estimated 2024 tax amount that would go to D301 and offers two numbers: one that assumes the $224.6 million referendum passes and one that assumes the $224.6 million referendum fails to pass and the CT/PKMS debt bond is paid off. This is not meant to be a projection of future taxes, but an estimation of what your taxes would look like in each of these two scenarios.Please note: this calculator does NOT factor in the projected $25 million to $30 million increase in the district's annual operating budget that would come into play between 2027 and 2028 and add to our tax bill further. That factor is actually the greater financial threat on top of the $224.6 million bond. As of October 2024, the district has failed to produce a projected annual operating budget that includes the proposed new high school, the new programming promised, new staffing needed by 2028, and more. This is a critical piece of information that should be shared before anyone votes for this referendum. It has been requested a number of times and still has not been produced.
Please note: the district's tax calculator is based off of Fair Cash Value. Our calculator is based off of Net Taxable Value. For this reason, there may be a slight variance between our numbers, however, like the district's calculator, this is for estimation purposes only and is not a guarantee. |