These school tax proposals are on Genesee County’s November ballot

GENESEE COUNTY, MI — Some Genesee County voters will decide the fate of local school tax proposals in the November general election.

Proposals include a $55-million bond for Linden Community Schools and an operating millage renewal and sinking fund millage extension for Flushing Community Schools.

Linden Community Schools’ $55 million bond proposal

The Linden School Board originally voted to place the 25-year, $55-million bond on the May ballot, but the novel coronavirus pandemic prompted it to reschedule for the Tuesday, Nov. 3 ballot.

No changes have been made to the original proposal, and the net tax rate increase for residents remains at 1 mill. To reduce overall bond interest costs, the bonds will be sold in three series, district officials said.

If passed, the funds would go toward student safety and security, expanding and enhancing instructional spaces, remodeling, upgrading and constructing school facilities and upgrading technology, according to the district.

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Education tax back on November ballot

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A proposal to raise taxes on the state’s wealthiest earners and boost spending on Arizona’s public schools is back on the November ballot, the Arizona Supreme Court has ruled. 

The court wrote in its unanimous order that Invest in Education’s 100-word description “did not create a significant danger of confusion or unfairness,” reversing a Maricopa County Superior Court judge’s ruling that would have kicked the measure off the ballot.

Advocates who have long championed #InvestInEd celebrated on Wednesday. Rebecca Gau, executive director of Stand for Children, said the decision was “great news” for Arizona. 

“We need to inject funding into education,” she said. “Both now and when the pandemic is over.” 

The Arizona Chamber of Commerce-backed committee challenging #InvestInEd’s spot on the ballot, which had argued the measure’s synopsis was misleading to voters, rebuked the state high court’s decision. 

“Arizona deserves

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TISD school board to consider tax rate Monday night | News

Temple Independent School District trustees will vote to approve a proposed tax rate of about $1.28 per $100, during Monday night’s meeting.

Temple ISD had a tax rate of about $1.35 per $100 for the 2019-20 academic school year, while the 2018-19 tax rate was set around $1.40.

“We’re glad that we’re able to bring a rate lower than what we proposed back in June when we adopted the budget (of $115.9 million),” Kent Boyd, Temple ISD’s assistant superintendent of finance and operations, said. “We had posted a maximum rate of $1.34, but in reality, it’s going to be about $1.28.”

Although Temple ISD’s tax rate has continued to decrease, it does not mean residents will see lower chargers when reviewing their tax bills. But Superintendent Bobby Ott said his district was diligent and mindful when developing the proposed tax rate.

“We always want to be sensitive to the taxpayers

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Biden Pitches Corporate Tax Changes to Boost U.S. Jobs

Democratic presidential nominee Joe Biden rolled out corporate tax proposals Wednesday aimed at protecting U.S. workers by encouraging companies to invest in jobs domestically and punishing multinationals for moving jobs overseas.

Biden’s proposals include:

  • A 10% surtax on profits of U.S. companies on products made overseas and then sold in the United States. Combined with Biden’s proposed 28% corporate tax rate, the plan means companies would pay a 30.8% tax rate on any such profits, Biden’s campaign said.
  • A 10% “Made in America” tax credit meant to spur job creation. The credit would be available to companies that invest in reopening or retooling U.S. facilities or bring back manufacturing or service jobs from foreign countries.
  • Closing what the Biden campaign calls “three major offshoring loopholes” in the 2017 Republican tax law that allow companies to shield profits from U.S. taxes.

Biden also said he would sign a series of executive

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Tax referendum for Meridian School District to appear on November ballot

ROCKFORD, Ill. (WIFR) – Come November, Stillman Valley voters won’t just be seeing the presidential vote on the ballot. Voters will also have to make a decision on permanently increasing taxes paid to the Meridian School District, as well.

District officials explained the bill actually won’t translate to more money paid, but that he tax increase has been in effect for the last six years. Essentially, a vote yes would continue the status quo, according to district officials. They said the tax is based on property value and as long as a home’s value doesn’t change, neither will taxes. Officials also pointed to the data showing a need for increased funding during a time of social distancing.

“So at the time the referendum was passed we had over an a million dollar deficit so the influx of money first allowed us to stabilize,” said Meridian School District Superintendent PJ Caposey.

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Sales tax revenue may save Blount County Schools from losing state funding | News

Sales tax revenue coming in higher than projected this spring may save Blount County Schools from losing nearly $5 million a month in state funding starting in October.

BCS plans to ask the County Commission to approve a change this month to the general purpose school budget that wouldn’t alter the amount the district spends but would change the source of money.

The district planned to use more than $1 million from its undesignated fund balance for costs related to COVID-19. The budget amendment would rely on $580,000 of that coming from an increased sales tax revenue estimate instead.

Local funding rule

Without that infusion of area revenue, BCS would fail a “maintenance of effort” (MOE) requirement from the state, which is designed to keep local governments from cutting education spending.

Area revenue in the BCS general purpose budget totaled $42.58 million for the 2019-20 school year. However that was

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