With respect to the propose 44 cents per $100 of equalized assessed valuation (EAV) tax rate increase for RB, one can calculate the approximate tax increase due to passage of the referendum for one’s own property.
If fully levied, it will increase taxes paid for RB by close to 20 percent. To calculate the amount, go to your 2009 second installment property tax bill. In the section titled “school taxes” find the amount of the 2009 tax for Riverside-Brookfield High School District 208. get out the calculator and multiply that number by 0.2. The result will be close to the increase in taxes due with passage of the referendum. In my case the increase will be near $750.
Also, in the Riverside-Brookfield High School Annual Statement of Affairs for the Fiscal Year ending June 30, 2010, published in the newspaper last December, there are around 40 certified staff (teachers) listed earning between $60,000 and $89,999 and almost 50 certified staff (teachers and administrators) earning greater than $90,000, most for a nine-month school year.
In addition, RB has a single retiree in the suburban Cook County Top 100 Teacher retirement System (TRS) Pensions as of July 1, 2010, with a pension of above $12,000 a month or $146,000 annually.
I readily agree with the points made by Phil Polanski and Paul F. Stack in their letters to the Landmark about the referendum. Both have provided valid, current points about the issue and have told the rest of us what the situation really is.
James L. Keen