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John L Sullivan State Farm
Under this scenario, a property tax increase could be avoided by cutting $2.7 million from the District 200 budget. This plan uses none of the $27 million available surplus, and it extends the debt payment by five years, increasing the total payoff by $24 million. (PMA Securities)

Taxpayers must have been encouraged by recent discussions that did not include a property tax increase as part of a plan to address the $160 million bond debt of Woodstock School District 200. But don’t make the mistake of thinking that we’re somehow going to get out of this more-than-decade-old school construction debt without a […]

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