Grundy County schools see sales tax as opportunity
Districts could utilize option as an alternative funding source
Grundy County school districts are doing some research on the pros and cons of asking for a sales tax raise as a funding alternative that could help alleviate property taxes.
After seeing a presentation at Reed-Custer Community Unit School District 255 and having the topic brought up from other superintendents, Superintendent Dr. Kent Bugg of Coal City Unit School District 1 asked Stifel Nicolaus brokerage firm to make a presentation to Grundy County superintendents on the Illinois County School Facility Tax.
The sales tax is an alternate funding source for school districts.
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