And Another Tax Hike
- Chicago Public Schools’ new financial team unveiled a $5.91 billion budget for 2012 that eliminates a record $712 million budget gap by raising property taxes to the maximum levels allowed by law, making deep cuts to the central office and middle management, scaling back police patrol on school campuses, re-drawing bus routes, and likely scores of layoffs in schools.
The tally includes nearly $87 million in cuts to teaching positions, mentoring programs for at-risk students, bilingual education, literacy initiatives, extra-curricular math, science and technology clubs and other afterschool programs, and reduces academic services for some of the district’s lowest-performing students.
As if the tax hike and the litany of cuts weren’t enough, officials said Friday they will also have to drain the district’s reserve fund by $241 million.
The beancounters claim it will be an additional $84 on a house valued at $250,000, but no word on how the housing market devaluation is affecting all of that.
Labels: money questions
posted by SCC at 1:03 AM
62 Comments:
When they calculate that figure are they taking into consideration ALL THE MONEY THAT WON'T MAKE IT TO THE SCHOOLS? Did they factor in all the TIF districts where the increase gets funneled into TIF funds and therefore the school never sees a dime of it? Were the bean counters smart enough???
Yet we have 6.5 million to give Maggie Daley for after school matters bullshit.
I thought money from the state lottery was supposed to go to fund the school systems. The schools are broke and no money from the lottery seems to go there. Nobody says a word about this yet our taxes always go up. Fuck this city, county and state. Fuck Daley, Rahm, Quinn and all the other thieving politicians.
Time for the working class people to revolt. Stop paying our taxes and file for personal bankrupcy. Time for us to get our bailout and our welfare.
Maybe they need to do some serious cuts and start by stopping the claims that there are multiple schools in a single schools with multiple principals/staffs on the payrolls!!!
Anyone else notice the timing-Friday night at 6PM.
Isn't that just great, my house is worth less than half of what it was just a few years ago but my tax bill just keeps rising.
Get rid of all busing except for the special ed kids who have to go to a school outside of their area because there is no special ed availability in their area schools. Or put special ed in their area schools and then you can get rid of the busing completely. Want your kid to go to a magnet or specialty school? Drive them yourself.
So much for that plan 30 some years to use all the lottery proceeds for education. Another DALEY snafu but still no indictments in that camp. The worst state, the worst city, and now with the debt rating reduced for the entire country............
I have no problem paying higher taxes to support and improve the public school system. This is our civic responsibility to educate the children of this city. It takes a community to raise our children and I am ready to do my part.
Like there couldn't be huge savings by cutting through the redundant bureaucracy and massively overstaffed upper management.
we are running out of other peoples money.
big fat momma with seven kids sends them all to school for free because she never worked a day in her life and gets everything for free--- they all get a breakfast and lunch for free also--- no wonder the board has no money--- so instead of going to all the big fat mommas and asking them to change their behavior, they go to the working man and hit him up for more because it is so much easier--- no raises for the teachers and a higher tax bill for all home owners but nothing happens to big fat momma and her illegitimate brood....
so much for Rahm's "No Tax Hikes" pledge.......lying cocksucker!!
Quinn was on talking about the Tollway yesterday, doubling that tax too!!
To 2.02am,,,,all lottery net proceeds money do go to the schools, BUT money is diverted from the General Fund then and used to fund other programs.....it's been like that since the lottery started in '74
It was sold to us as additional money, but never happened that way......those jag balls down in Springfield saw another cash cow of money to piss away.
I just found $600,000 a year we could save from Eddie Burke's Chariot Detail. Just because the value of your property has crashed does not mean you will not be paying the same or much more in taxes. No wonder Daley got out when he did. What a mess!!!
Ha s anyone ever seen how much money the TIF program has or who gets it? Daley treated this fund as his own little political piggy bank to reward those he favored. If Rahm is such a transparent and reform leader then he will open up the books on this TIF charade.
When they calculate that figure are they taking into consideration ALL THE MONEY THAT WON'T MAKE IT TO THE SCHOOLS? Did they factor in all the TIF districts where the increase gets funneled into TIF funds and therefore the school never sees a dime of it? Were the bean counters smart enough???
8/06/2011 01:07:00 AM
It has gotten to the point where the TIFs skim approx 500 million dollars per year off the top of all the money that is collected in property taxes in Chicago. 30% of the city is under a TIF meaning that the remainder of the city has to fork over more and more of their money in property tax increases to make up the difference. I don't see the Ballerino giving back any of this money again any time soon.
Bi-lingual education? Time to tighten the belt and cut all the feel good programs.
Don' they get it? A budget shortfall is a politician's way of telling you he spent all your money on nonsense programs and WE ARE FLAT BROKE.
We have NO MONEY! Cut the liberal programs and fix this mess. End this sanctuary city status that is draining our coffers and bringing all the crime with it.
how many funerals for cps students did cps budget for the fiscal year,suprise ha,cps(taxpayer) pays for cps student funerals,even if they get clipped shooting dice on the street corner at 2am miles away from the nearest cps property.how about the director of bereavement who arranges the funerals for the "fallen" cps students who gets paid six figures!cradle to the grave.did you ever notice how the media gives the number of public school students killed in the school year during their report,where do you think they get the number from,the director of bereavement of course, along with the eighth grade cap and gown photograph.tax dollars at work,the chicago public school way.
Boy am I lucky, My $350,000 dollar house was just apraised for $150,000 here on the NW side. Think of the taxes I'll save!!
More money to CPS would just be like throwing it down a black hole. Its time to force CPS to cut WASTE, not essential programs. Get rid of some top-heavy administrators.
Of course, they also need to redefine what is considered essential programs. Why should they have to feed every kid breakfast, lunch and dinner while the parents also get Link cards to supposedly feed their kids?
Stop feeding the students their meals for free. That is the job of a parent. This will never stop until we stop rewarding people for being breeders and only give them help for being parents.
Not one more dime to pay for the kids of women who think their wombs are pez dispensers. Not one more dime until meaningful welfare reform. Not one more dime until all aid and sanctuary for illegal aliens are stopped. I will cheat the government any way possible until then. Starve the beast that our government has become.
I thought that I was the only one who remembered that the state lottery was suppose to rescue the school system fiscal deficits and by the way is it really necessary to spend millions on advertising for the lottery
exactly busing is a large part of cpd budget , parents take no responsibilty in raising their kids , free bus , books , breakfast and lunch
let them walk to school or take a bus
Thanks Aribitrator Benn for that shitty raise. I'm bringing home less now than I was 4 years ago. What the fuck?
How about...You get these society leeching bottom feeders to start paying taxes!!! They should start getting taxes taken out of their SSI/government money...
The After School Matters business is a farce. The City began giving them money when it became more and more difficult to raise money from foundations and events.
It's not as if the program participants aren't hand picked or anything.
Raising taxes on homes that are worth far less than 5 yrs ago is another joke. And, it another example of the insane way all of the gov't agencies have been using tax funds since the 80's. There is no control. We need to stop financing goofy projects. We need term limits for ALL elected officals. And, we definitely need to end pracitces like the govt paying for elected offical's guards. If you don't feel safe in your job-resign-it is very simple.
How about raising the cost of a Lottery ticket, malt liquor or cigarettes ???
Especially the Lotto, that's where education funding comes from, doesn't it ???
The tax hike will be reverted to the park district so they can buy more sod for Soldier Field. Hey Rahmbo--wanna save some money in the budget? Get rid of the fucking sod at Soldier Field and put in turf. Or will the poor McCaskeys and whatever connected people from the Shortshanks era that have the sod contract cry foul.
Busing students cost 120 milion a year. Free lunch cost 100 million a year. Stop the busing and stop the free lunch program wtf is the wic card for? If parents were tasked with taking their children to school then maybe they would actually go to school. Dumb motherfuckers. There's 270 million in savings. Let a real police officer in there and we'll make the budget work.
How about deducting welfare money from the families that have children receiving, breakfast, lunch and whatever other meals they get from CPS?
It's time to oust Rahm from office just for raising property taxes
have no problem paying higher taxes to support and improve the public school system. This is our civic responsibility to educate the children of this city. It takes a community to raise our children and I am ready to do my part.
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You never were a parent
I have no problem paying higher taxes to support and improve the public school system. This is our civic responsibility to educate the children of this city. It takes a community to raise our children and I am ready to do my part.
8/06/2011 07:53:00 AM
Nice bait,, no hook here
Anonymous said...
"Isn't that just great, my house is worth less than half of what it was just a few years ago but my tax bill just keeps rising."
8/06/2011 06:36:00 AM
That's Obama's way of redistributing the wealth. If you or your children had to sell your $300,000 house, an Obama voter could pick it up for $150,000.
Anonymous said...
Boy am I lucky, My $350,000 dollar house was just apraised for $150,000 here on the NW side. Think of the taxes I'll save!!
8/06/2011 10:34:00 AM
That would be nice if they redid our taxes but you don't really think these people our going lower our taxes. Who will pay for all the programs and services.
If you can , get the f**k out of Chicago. Your home is worth 30% less then it was 5 years ago & your taxes increased over 30% & now they want to increase it even more . Thats the same way Detroit started out 20 years ago & now look at Detroit . WTF ! Wake up Democrats , it's your fault .
I have no problem paying higher taxes to support and improve the public school system. This is our civic responsibility to educate the children of this city. It takes a community to raise our children and I am ready to do my part.
8/06/2011 07:53:00 AM
Your a tool.....
Hold on.
The president is from Chicago. The Sec of Transportation is from Illinois. The Sec of Education is from Chicago.
Our schools suck. And our streets look like bombed out runwas.
Yet Chicagoans have to dig deeper??
Where is our Obama Bucks?!
They need to disband the board of education. They obviously have no control of the schools and waste our taxes needlessly.
If parents want their kids educated, they should pay like I have to for a private school. I don't think it's fair for me to have to pay taxes to a broken system that I can't send my child to and the tuition for the private school.
If they get rid of the illegals and their anchor babies, many of the money problems will go away.
anonymous said.........
To 2.02am,,,,all lottery net proceeds money do go to the schools, BUT money is diverted from the General Fund then and used to fund other programs.....it's been like that since the lottery started in '74
It was sold to us as additional money, but never happened that way......those jag balls down in Springfield saw another cash cow of money to piss away.
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Not sure if we are misunderstanding each other but TIF and Lottery are 2 completely different things. A TIF fund gets it's funding from property taxes. When the city council votes and creates a TIF district all property within that district contributes money to the TIF over time. It works like this:
say the area from madison to jackson, and from ashland to damen is deemed a new TIF district. Whatever amount is collected in property taxes will stay frozen at that amount for 21 years. As property value goes up or taxes increase the amount of property taxes collected above the frozen level if funneled into the TIF.
So if $1mil were collected in the last year before the TIF were created as time goes on anything collected above that $1mil goes to the TIF instead. What happens then is it creates a shortfall for the schools, parks, and everything else tax money is normally appropriated for. Then all those entities cry poor. The problem is even if taxes are increased no additional money goes to where it is needed....the additional money goes to the TIF. 20 years later if the total amount of property taxes collected increased five fold to $5mil only $1mil would go to fund the schools, parks, ect.... the other $4mil winds up in the TIF.
Why are we paying for kids breakfast and lunch? Most of their parents are LINK card holders...they get money from the government to pay for their groceries.....let mom feed her kids breakfast and make them a lunch to take to school.....this is BASIC parenting 101.
The big socialistic government is out of control.....they are NOT parents, they did not get you pregnant.
"have no problem paying higher taxes to support and improve the public school system. This is our civic responsibility to educate the children of this city. It takes a community to raise our children and I am ready to do my part."
NO! Your liberal tripe won't do. You'll be called out summarily for your bullshit. It doesn't take a community to raise a child. That's some bullshit the Black community likes to espouse to excuse the fact that it has been derelict in it's parental duties for generations. How many single mothers? How many 15 year olds on their SECOND kid? How many 40 year old great grandmothers in the Black community? This non-sensical thinking also conveniently feeds into the big government idea of keeping the "citizens" sucking on the tit of the government through welfare, at the expense of those who provide the means (taxpayers). In fact, raising a child only requires the following: 2 responsible, self-respecting parents who are committed to raising a human being who will be an asset to society, not a detractor. It's NOT my responsibility to raise babies I didn't make. If you want to "do your part" open up your own home and personal funds and direct them to the appropriate leeches, they shouldn't be hard to find. Just look in ANY urban area throughout this country. As for me? I'll just say, "no fucking thank you" and keep walking! Asshat.
Why are we still busing kids around when the school system is only 16% white? Integration is a thing of the past. I can only guess that all the minority contractors with the schools buses would be out of business. The busing bullshit was always about money and power. Money to be split with the bus companies and the rest to the loud mouth greedy selfish reverands who needed new rides for themselves. No wonder this city is broke.
I have no problem paying higher taxes to support and improve the public school system. This is our civic responsibility to educate the children of this city. It takes a community to raise our children and I am ready to do my part.
8/06/2011 07:53:00 AM
then turn in your link card, and pledge not to ever, ever, ever again suck off of the taxpayers' tits.
Anonymous said...
have no problem paying higher taxes to support and improve the public school system. This is our civic responsibility to educate the children of this city. It takes a community to raise our children and I am ready to do my part.
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You never were a parent
8/06/2011 04:11:00 PM
Yes I am with two children that attened public school on the north side. Both are successful today thanks to a wonderful public school education. Get involved and pay you fair share.
Vote every democrat out. Most of the people complain about all the high taxes, but still vote for the Dems.....Wake up people....Vote everyone OUT...
8/06/2011 10:14:00 PM
actually, it's only the amount of taxation increased by any increase in the assessed value of real property, after the TIF has been designated, that is skimmed off into any given TIF.
our property taxes are based on 3 factors: 1. assessed valuation, 2. total requested revenues, 3. the tax rate, ie., multiplier.
this is how the sneaky bastards were able to claim that the tax rate had not risen, while our tax bill amounts continued to climb over the past 20+ years.
our assessed valuations continued to rise as the tax rate multiplier remained the same, thus producing an increase in the actual amount of property taxes billed/collected, with the county government agencies all competing to submit higher and higher requested budgets, to keep pace with the increased actual tax revenues.
if the tax rate is increased, as is being proposed by the increase in requested tax funding by the CPS, then, were a TIF designated property to have it's assessment lowered below the assessment amount it was frozen at, (when the TIF was first designated), the actual property tax amount might still increase, based on the CPS's request for more money, but that increased actual tax bill amount would go to the CPS.
were the current assessed valuation of your property to be above the TIF'S frozen amount, then all tax amounts above those based on the frozen assessed value would go into the TIF, regardless of how much of an increase in the tax rate were applied, to, presumably, meet the total amount of taxes requested by the CPS.
so, not only will your property tax bill increase, based on the CPS requested increase in the tax rate multiplier, but, if your property is located within a TIF, and your assessed value is still above that which it was frozen at when the TIF was first designated, then the increase in your actual tax bill amount will still be skimmed off into the TIF.
they are the fucking definition of thieving bastards.
I have no problem paying higher taxes to support and improve the public school system. This is our civic responsibility to educate the children of this city. It takes a community to raise our children and I am ready to do my part.
This from a public school teacher who got a waver to live out of the city and the tax won't affect her. Rahm should include all non city resident teachers in an $84.00 per month pay cut to do their fair share. Residency for all or none.
Why not make those who are enrolled in CPS who DO NOT live in the city pay tuition like they are supposed to???!!!!
I believe the public school system thrived under Paul Vallas.Daley ran him out of town because Vallas was recieving all the accolades.
Get involved and pay you fair share.
8/07/2011 12:10:00 AM
tell this to the link card moochers.
also, mention this to your mother's stock broker.
" Get involved and pay you fair share."
My fair share DOES NOT INCLUDE multigenerational baby factories who clog up the school system with unteachable little thugs,nor does it include one cent for illegal aliens. Eliminate the uncontrolled child bearing in the welfare crowd and the illegal contingent and costs would be much more under control.
To Mister Big Lib with the 2 wonderfully successful, public school educated kids:
Where are your kids going to go to be successful when the entire city is a ghetto; entire state; entire country?
The first order of business should be going through the actual student enrollment and getting rid of every single "student" who actually lives in the suburbs. I have taken many a report where the "victim" gives me an address outside of the city. Make everyone go to the school in their own district. Lets charge these high school basketball coaches who use school facilities for practice with their AAU teams. Gym time can run upto $50-$75 an hour.
Meals: Breakfast, Lunch, and sometimes dinner for those who are in Night school. Yes, Night school because they didn't go to school during the day, so lets feed them again. Schools with 3 Vice-Principals, 2 Deans, Head of Security, Head of Culture of Calm, Head of After School Matters,Several counselors for just about everything. Private schools pay their coaches a small stipend of say $2500, but at CPS the average is about $5000 with assistants getting about $3500. Everyone wants a stioend for something. Parent volunteers want to get paid - excuse me- but "volunteer" means just that. Everything from books to physicals for the school year are given without batting an eye. If people were charged even a small amount of money, then maybe stuff would be taken care of. Why do we pay for every piece of equipment for a CPS "student/athlete" including shoes, but that same kid is wearing $200 gym shoes. If they have that type of money, then pay for it yourself. Give me a pen and 30 minutes, and I can cut the budget in half.
Yes I am with two children that attened public school on the north side. Both are successful today thanks to a wonderful public school education. Get involved and pay you fair share
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If you sent your children to a Chicago Public School,then you really don't love them enough.
Success is a relative term. Try to keep up with the tour group.
Education is not a right.
Get involved and pay you fair share.
I've never had kids. What should be my Fair Share?
they should adjust all their link cards...if the school is paying for breakfast and lunch in the hood then deduct that money from mamas card...and why do they get 2 meals a day in east of western...but the public schools in mt greenwood only get lunch...and god forbid if my kid is a nickel short for his lunch....
We the People, of the City of Chicago, petition our Mayor Rahm Emmanuel to put an end to taxpayer funded security details for everyone who enjoys this service, except the current Mayor. We are tired of this gross misuse of taxpayer funds. As the taxpayers we would like you to start representing us and not the politically connected people who you are complicit with in the gross misappropriation of tax payer’s money. By the people and for the people of the City of Chicago who pay the bills that keeps this city operating.
http://www.ipetitions.com/petition/joseph_marchetti_for_the_people/
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