Quote:
Originally Posted by Carolina-Trader
Act 388
Who do we vote in our out of office to get this changed or is Fort Mill simply SOL?
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I wasn't clear. I could care less about fees for sports though understand the reasoning.
I was referring to the regressive sales tax and Act 388 which gives monetary increases as a whole across all school systems due to an average statewide student growth. School systems in the slowest growing counties and fastest growing counties receive the same percentage increase year over year as it is calculated per statewide growth and not locally per school system. If your in a fast growing school system such as Fort Mill or Clover this is not to your advantage with the end result being less money allotted to these school systems per student year over year until, if the law is not changed, the state money is capped at a per student minimum. This also results in higher commercial taxes (which by law still do support the school system) and eventually lower property values due to a decline in the local school system.
I would gladly support the local school system through residential property taxes, and once did so, but this is now against the law aka Act 388. If you can't repeal Act 388, it needs to be indexed per individual school system growth instead of a flat percentage increase across the board (per year). You would think this to be common sense.
While I don't agree with taxing the elderly out of their homes I don't quite agree on a regressive tax either. If your going to set up a regressive tax for education at least index the payout per individual school system growth.
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First of all I am glad you clarified what you first wrote. As a parent with children in both band and sports....I think the least of our worries will be the extra $50 fee for sports.
I made a post back in March, 2007 in regard to the lowering of our taxes (after attending a meeting with the superintendent of the FMSD)
I have copied part of my original post: "For me...what I think is possibly a far bigger concern...is the lowering of our (school) taxes...I believe this will attract even more people to the SC area...and then when that happens...what becomes of the schools when they no longer have the monies that they had access to before? (that is what I am keeping my eye on)".
Now here we are a little over a year later...and it's already starting to effect our FM schools (along with Indian Land, Rock Hill, Clover, etc.)
As it stands now the state will disperse the schools funds using the average growth rate of the whole state (which is 1.8 percent) not taking into consideration districts that are growing by a much faster rate....Fort Mill grew by 10.1 percent this year! There are certain districts within the state that will benefit from ACT 388 so of course they don't want to see this changed at all.
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State Sen. Wes Hayes said it’s clear there will need to be some adjustments to how the money is distributed.
“We’re working on legislation that would change the formula to make it more equitable, so that the fast growing districts are not penalized,” he said.
The problem is the General Assembly members from the slower districts don’t want to change it because they gain from the way the formula is now.
“We can probably convince some people that it’s not being done equitably,” Hayes said. “The problem is when they have to go back and tell their districts, which are often the slower growing districts, that they are going to get less money than they would under the old formula, it’s going to be very difficult for them to vote for it.”
Overall, the act has probably caused more harm than good, Hayes admits.
Also, becoming reliant on a sales tax can be risky, he said.
“Sales tax goes south very quickly when the economy goes down,” he said. “Now our schools are much more dependent on the sales tax, which means we are much more dependent on the economy.”
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Fort Mill to hire fewer teachers
http://www.rock-hill.k12.sc.us/UserF...-Positions.doc
Shortfall may force Indian Land class sizes to grow
Rock Hill Schools Grassroots: Property tax law causing problems for many schools (http://rhgrassroots.blogspot.com/2008/05/property-tax-law-causing-problems-for.html - broken link)