Created on Wednesday, 23 October 2013 Written by MANDY LOEHR
Voters will decide Nov. 5 whether to approve Riverside Schools’ 1.75 percent income tax that is a reduction from the current tax and would secure the district’s financial future, officials said.
If passed, the five-year renewal levy would generate about $1.144 million per year for operating expenses, which includes salaries and benefits, utilities, transportation, technology, textbooks and curriculum needs.
The current 2 percent income tax is paid through two operating levies that expire at the end of 2014.
“Our community made a huge step several years ago by adding the .75 percent tax. Now we’re going to give it back,” board of education member Robert Bender said at a recent meeting.
“It’s big for our district to say that we’re reducing our tax rate.”
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