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High school board explores sales tax revenue

Posted: Wednesday, Nov 28th, 2012

Rochelle Township High School board members heard a proposal from Anne Noble in an effort to pass a 1 percent countywide sales tax increase. (Photo by Emily Bruns)

ROCHELLE Last week the Rochelle Township High School board heard a proposal by Anne Noble, a representative of financial bond firm Stifel Nicolaus, of St. Louis, Mo., which works with school districts in an effort to pass a 1 percent countywide sales tax on retail items to go toward school facility funding.

Currently, all local dollars that contribute to schools come from property taxes. The RTHS board listened to Noble in an effort to explore other revenue options, given the uncertainty for state funding.

If this sales tax is approved by a countywide majority vote, it would raise funds for all county schools, RTHS included.

For the complete article see the 11-27-2012 issue.

Click here to purchase an electronic version of the 11-27-2012 paper.

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