Unit 5 offers compromise in sales tax increase

By WEEK Producer

March 7, 2014 Updated Mar 7, 2014 at 10:06 PM CDT

MCLEAN COUNTY, Ill -- Mclean county voters are being asked to raise the sales tax--but not without a little give and take.

The one cent increase in the county sales tax would generate $9 million for the Unit 5 school district every year. Because of that, the school board says they'll return the first $3 million of revenue to property owners.

The money would be returned annually for at least five years. The owner of a 300-thousand dollar home would save $140 per year.

"We feel that it's important to give some of that money back to the community," said John Puzauskas President of the Unit 5 Board of Education. "There's benefits both to the real estate tax providers and also gives us approximately $30 million to do very important renovations and maintenance."

Board members will take action on the proposal next week. Then it goes to the voters in the primary election March 18.

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