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posted: 8/27/2012 5:08 PM

Watchdog group will discuss school district finances

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Daily Herald report

Geneva TaxFACTS will host its second community town hall meeting to discuss school district finances at 7 p.m. Wednesday at the First Baptist Church, 2300 South St., Geneva.

The meeting will include a summary from a representative of the financial community of how the Geneva Unit School District 304 bonds were structured after the 2007 referendum; a comparison of teacher salaries and contracts for 2009-2011; discussion of the proposed 2012-2013 school budget with revenues of approximately $89.8 million and expenditures of $93.7 million; and the issue of a tax levy increase in next year's property taxes.

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A dialogue following the topics will be encouraged, focusing on suggestions, solutions and comments. All members of the Geneva community are invited.

Geneva TaxFACTS (For Accountable Controlled Tax Spending) is a grass-roots organization started in the summer of 2008 when several residents met to discuss the depressed real estate market combined with an increase in property taxes.

The school district has been the primary focus of the group the last four years.

For more information on the group, visit genevaTaxFACTS.org.

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