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The Truth About LMSD's School Taxes

Despite the misleading and false assertions made by the Republican candidates in their mailers and automated phone calls, Democrats have demonstrated greater fiscal control than Republicans over the past 13 years.  Here are the facts: 

       Since 1994, Democrats have increased spending at a slightly lower average annual rate than the Republicans—7.9 percent for the Democrats, versus 8.3 percent under the Republicans.1 

       The Republican mailers highlight spending increases over the past five years, even though the current Democrats have only been in control for four years.  The difference is the Republicans were responsible for 13 percentage points of the total growth in spending – in just one year!  That amount substantially exceeded the subsequent average Democratic spending increases of 7.7 percent per year.2

o       Over the last four years under the current Democratic board, school spending has increased 34 percent.3

o       Over the last five years – which includes one year under Republican control – school spending increased 47 percent.4

o       The difference – 13 percent spending growth – is the Republicans’ responsibility.

Democrats are committed to keeping taxes low.  A promising trend is that the most recent tax increase under a Democratic board (2007/8) was the lowest in 20 years: just 4.5 percent.  A result of sound fiscal planning, it included debt service towards the new buildings and kept our diverse, quality programming intact.  Anticipated annual tax increases over the next five years are around 5 percent, much lower than the historical average.

Act 1 budget caps will force everyone to keep taxes low.  So, then it comes down to whom do you trust to deliver quality education: The Republican ticket, or the highly qualified and informed Democratic candidates?

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Sources:

1        LMSD budgets.

2        LMSD budgets.  Average computed from 2003-04 through 2007-08.

3        LMSD budgets.  Growth is calculated through the 2007-08 school year, using the 2003-04 school year as the base.

4        LMSD budgets.  Growth is calculated through the 2007-08 school year, using the 2002-03 school year as the base.)

 
 
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Pamela Levinson, Treasurer

   

This site was last updated 11/04/07