In a recent government meeting, concerns were raised regarding the financial practices of District 5, particularly the alleged over taxation of residents. It was reported that the district has been instructing the auditor to levy taxes beyond necessary amounts, accumulating an excess of over $22 million. This practice has led to accusations that the district is artificially inflating the tax rate to create the illusion that a proposed $243 million bond referendum would not result in increased taxes for voters.
Critics argue that this approach is misleading, as taxpayers have already been overtaxed in anticipation of future expenses related to maintaining and operating new facilities that would arise from the referendum. The lack of discussion surrounding these operational costs has left many residents questioning the district's transparency and intentions.
Additionally, the meeting highlighted a concerning trend in student enrollment within District 5, which has seen a decline of 193 students, with 16 out of 22 schools reporting decreases. This trend raises questions about the justification for new school constructions proposed in the referendum, especially in light of the declining enrollment figures.
The proposed rezoning plan, which would move Ballantyne Elementary and part of its attendance area into the Chapin cluster, was also met with skepticism. Critics warned that this could exacerbate capacity issues in upper grades and may be perceived as a tactic to sway families into supporting the bond referendum.
Finally, concerns were expressed regarding the potential implications of maintaining a higher millage rate, including possible arbitrage violations related to the interest earned on the excessive fund balance. The meeting concluded with a call for further examination of these financial practices and their impact on the community.