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home : news : putnam   May 24, 2016

10/23/2012 6:24:00 AM
Marshall County school facilities to benefit if sales tax passes

Shannon Crawley-Serpette
Staff Writer

If the sales tax question passes, schools inMarshallCounty— primarilyMidland, Henry and Fieldcrest — will begin receiving this source of revenue.

According to information about the sales tax posted on the Henry-Senachwine school district’s website, the sales tax “represents the first shift away from relying on property taxes for local school district funding inIllinois.” The division of the sales tax money would be based on the percentage of students a district has that live inMarshallCounty.

If the referendum passes, the Henry-Senachwine district will gain approximately $125,000 per year, while Fieldcrest will collect approximately $145,000. At nearly $240,000 a year,Midlandwill stand to gain the most from the sales tax referendum. Other districts, such as Lowpoint-Washburn andBradford, will receive smaller amounts of the sales tax money that is generated.

The amount districts will receive will vary each year, Henry-Senachwine superintendent Larry Carlton said.

“That will fluctuate as the economy will fluctuate,” Carlton said.

According to the information on the Henry-Senachwine school district website, some school districts may use this extra revenue stream as a way to reduce property taxes or avoid new property taxes for proposed building projects.

If the referendum is passed, Carlton said the money the Henry district would receive from the sales tax for the first four years would likely be used to pay for a window project which was completed this summer at the Henry-Senachwine Grade School.

Items that would not be taxed include cars, trucks, ATVs, boats, recreational vehicles, mobile homes, groceries, medicine and farm equipment. Items that are not currently taxed also would not be subject to the sales tax.

The sales tax money can be used for school building construction projects, and paying bonds for school construction and facility improvements. The sales tax money cannot be used for salaries, operating costs, computers, textbooks and school buses.

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