Take advantage of college tax credit for middle class families

Your federal income taxes are due by April 15th. However, there’s still time to offset some of the costs of higher education by reducing the amount of your income tax by up to $2500 with an American Opportunity Tax Credit. According to an article, “Tax breaks for college costs,” published in the Rockford Register Star this past Valentine’s Day, you may reduce the amount of your income tax if you paid for a college student’s educational expenses in 2015 and you and the student meet certain eligibility requirements. A tax credit reduces the...

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Much improvement needed in RSD205 to provide foundation for Transform Rockford

Currently, many positive things are happening in the Rockford School District. The community is providing $250M over the next ten years for elementary school facilities, new high school classrooms and field houses, renovated libraries and new school buildings, providing an environment conducive to learning. The district is also implementing new educational concepts such as career academies, the business and industrial communities are becoming involved with schools through the Rockford Alignment process and volunteering for United Way’s “I...

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Another attempt to redistribute state school funding sources

Let’s take a look at today’s Rockford Register Star’s My View column written by the IEA president, Cinda Klickna discussing the cuts being made in Chicago’s school budget and the fact that our state schools are underfunded and inequitable using the unfair local property tax. The complaint is that Chicago Public schools are laying off teachers and support staff, and the usual, it’s hurting the children. It’s hurting the union members much more. The student teacher ratio in Chicago Public Schools was 20...

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Some reasons financial inequality is growing in America

In the foreseeable future, 80% of new jobs will require post-secondary education and as a nation too many of our students drop out of high school. The dropout rates have improved over the last four decades but simply returned to where they were in the 1970’s. Excerpt: Graduation rates improved for every race and ethnicity in 2010, but gaps among racial groups persist. Asian students had the highest graduation rate, with 93 percent of students finishing high school on time. White students followed with an 83 percent graduation rate, Hispanics...

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RSD205 keeps promise to reduce property taxes this year

This year’s property tax rates and levies, which are to be paid in June and September, have just been deemed official by the Winnebago County Clerk’s office and the Rockford School District has kept their promise to reduce the district’s portion of the property taxes. Under the existing Property Tax Extension Limitation Law (PTELL) or Tax Caps, the district was not legally bound to reduce their levy, could have simply extended its current levy of $170 million without voter approval, and could have further raised the levy to...

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