Our group has been told that there’s no precedence in overturning a referendum that has passed by the voters. Background… School Board put on ballot a referendum asking voters for $88 million to build a new school. Vote passed on a very slim margin. They advertised this referendum would cost taxpayers $0.12 per $1000 fair market /equalized value of property in district. The state of WI bumped property values to the tune of roughly 25% which in turn changed that $0.12 to $1.99. Our demographic is mainly retired people and low income More shady things happening but looking specifically to see if any other districts.. anywhere in US have had their school board referendum overturned in a court of law due to defrauding the voters.
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I know my city is raising the property tax here in Ohio based on the increased value of property, despite the fact that we all know this is another fucking bubble. This shit comes at a time when businesses and regular working folks are still trying to recover from all the shutdowns in an economy that hasn't been this bad in 40-plus years. Money grabs. It's always about the fucking money.
I don't know what's in store for our school system but I do know there's talk of another round of money needed for it as well.
Hey now, it's the best economy Jim Cramer has seen in his entire life!