TaxFACTS Group Plans 2nd Forum Aug. 29

Geneva TaxFACTS, a volunteer group of Geneva residents will host its second Community Town Hall Meeting at 7 p.m. Wednesday, Aug. 29, at the , 2300 South Street, Geneva.

The group plans a summary from a representative of the financial community of how the School District bonds were structured after the 2007 referendum, a comparison of teacher salaries for 2009-11 and current teacher’s contract, discussion of the proposed 2012-13 school budget, with revenues of approximately $89.8 million and expenditures of $93.7 million.

The group also will discuss the issue of a tax levy increase in next year’s property taxes.

Dialog following the topics presented will be encouraged focusing on suggestions, solutions and comments. All members of the Geneva community are invited.

Geneva TaxFACTS was formed in August 2008 by Geneva residents to understand the operations of all Geneva taxing bodies and present the facts to the community. The group has closely monitored spending of District 304 which comprises about 69 percent of a homeowner's property tax bill. Its website, genevaTaxFACTS.org, includes links to videos of School Board meetings.  

SOURCE: Geneva TaxFACTS