Mount Vernon News
 
 

By Mount Vernon News
February 17, 2012 11:11 am EST

 

BELLVILLE — Meeting in special session on Wednesday, the Clear Fork Valley Local Schools Board of Education passed a resolution to place a five-year, 1 percent earned income tax issue before the voters in a special election to be held Aug. 7. Board member Nick Kuelling voted against the measure.

The school district earned income tax will apply to all residents in the Clear Fork school district who have earned income, and is a tax deduction on the residents’ federal income taxes (for those who itemize deductions).

If passed, the earned income tax will apply to Knox County residents in Brown and Pike townships.

The tax does not apply to Social Security benefits, disability and survivors benefits, railroad retirement benefits, welfare benefits, child support or workers’ compensation benefits. People who work in the district but reside elsewhere would not be taxed under this levy.

Revenues from the earned income tax will be used for the daily operations of the district.

Superintendent Matthew Dill said the board wants to maintain excellence in the district and to continue to provide a quality education to the students. He said cuts in state and federal funding combined with increased expenses have resulted in a potential budget deficit: The district will spend $1.1 million more this year than it receives in revenue.

Dill said the district has, and will continue to, reduce costs as much as possible. Some recent reductions included the elimination of staff positions and the combination of duties, using single bus routing and freezing base salaries.


Contact Pamela Schehl
Email

Rules: Please keep your comments smart and civil. Don’t attack other commenters personally and keep your language decent.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.