Voters reject one-percent sales tax hike for Peoria County
“The state is expected to fund our schools at a historically low rate. The reduction in spending could lead downwards of a 65-percent proration of our funding. That’s down from 95-percent in fiscal year 2012, 89-percent in fiscal years 2013 and 2014. So needless to say this is going to be a devastating cut to our county schools,” Wagner says.
Officials say districts might have to raise property taxes if they need to issue bonds to pay for future facility projects. District 150 says it also needs more revenue to pay for about $40 million in H-VAC improvements.