Alton CUSD11

What will Alton use CSFT revenue for?

  • At least 50% of CSFT revenue will be used to reduce property tax for constituents.  This amounts to an estimated rate decrease of 26 cents, which corresponds to a tax cut of $86 per $100,000 of property value  or a potential savings of:
    • $86 per year for a $100,000 home
    • $130 per year for a $150,000 home
  • 1CMS-SocialMedia-Alton-2018CSFT revenue will help Alton AVOID the need to sell bonds or take out loans that would cause the district to incur additional debt and interest costs
  • CSFT revenue will be used for the following district expenses:
    • Yearly budgeted expenses such as parking lots, sidewalks, roofs, and other major repairs–some of which have been delayed for years due to lack of funds
    • Safety features such as updated video camera systems and  improved disabled access in schools
    • District Technology Infrastructure such as servers, voice & data networks, and classroom presentation equipment
    • Upgrade facilities on a schedule as opposed to waiting until things fall apart
    • Improve athletic and fine arts facilities
    • Energy efficiency measures
    • Consider expansion of existing buildings instead of using “portables”
  • CSFT revenue will be used to increase fund balance reserves for larger building projects in the future eliminating the need to raise property taxes