Monday, April 28th, 2014
By Amy Kronenberger
Parkway asks voters to approve tax renewal
ROCKFORD - A 43-year-old permanent improvement levy is up for renewal by voters in Parkway Local Schools' district.
Residents on May 6 will vote to renew the 5-year, 1.5-mill property tax levy that generates about $114,710 annually for improvements, renovations and additions to school facilities, and land and equipment acquisition.
The levy will not increase taxes. A resident who owns a home worth $100,000 would continue to pay $27 per year.
The tax was first passed in November 1970 as a 1.6-mill levy. In November 1982, it was increased to a 1.9-mill levy, and in 1999 it was replaced with a 1.5-mill levy.
Permanent improvement money can only be used to construct, add to or repair school property and purchase assets with a five-year or longer life, treasurer Debbie Pierce explained. The district uses the money to address facilities, transportation, curriculum and technology needs.
In the last few years, the levy money was used to purchase a 2014 72-passenger Bluebird bus, new mimeo, smartboards and computers in the classrooms, replacement fencing, additional building insulation and a boiler energy project to improve heating efficiency, Pierce said.