What Resonates the Most

One of the things that is resonating with many people considering the tax increase is that the district has experienced tax  revenue grow by 64% in the last 10 years yet claims it needs more money from tax payers.  This is despite the fact that few people have seen a 64% increase in their income.  Most American families have seen flat or even declining incomes in the last 10 years.  So, ask yourself, has your family income increased 64%?  If not, then it does not make sense to further increase your tax burden?

The chart below is taken from the district's 2015-2016 budget, Page 102.  These are the figures that show the incredible increase in tax collection.

KSD_10_Year_Tax_Collections.jpg

KSD 10-Year Tax Collection: KSD 2015-2106 Budget, Preliminary, Page 101

A Huge Increase of Tax Revenue Relative to the CPI

The Consumer Price Index (CPI) has increased by about 23% over the last 10 years.  (The CPI measures the change in the prices paid by urban consumers for a market basket of consumer goods and services.)  The chart below compares Kirkwood School District spending to the CPI from 2005 to 2015 by percentage. 

 Tax_receipts_vs_CPI.jpg