To the Editor:
DeKalb School District 428 buys 41.68 acres for $1.4 million ($33,589 per acre) in 2002 and sells for $625,000 ($14,995 per acre) in 2013, according to the Daily Chronicle. Our tax dollars at work!
The article by David Thomas in the DeKalb Chronicle on April 13 should have included more information for the discerning citizenry. He included …”for $625,000, its appraised price from May”. I would like to know: 1) What is the appraised value in April of 2013? and 2) What was the appraised value in August of 2002 when the District purchased the land? Did the district pay too much in 2002?
What does it matter? It is only tax dollars.
Of the real estate taxes in DeKalb, 62.4 percent (including pension funds) go to District 428 every year. An additional 6.1% goes to Kishwaukee College. The teachers’ union position is they always need more money and more administrators.
How much is enough? Why are the real estate taxes one-half to one-third in Indiana compared to DeKalb County? Is their education system only half as good as ours? Do the teachers get paid half as much as our teachers? Are there fewer administrators relative to the number of students?
School board President Tom Matya “didn’t know Friday what the school district would do with the $625,000.” How about paying down debt on the school bonds and saving some interest expense, or lowering our real estate taxes next year by $625,000? We already have a new high school that is not paid for.