Enough Is Enough - Says a parent of six
First question asked when this D303 parent submitted this article was "can I publish your name or do you want to be anonymous?" The response? "I'd prefer not to have a 'mostly peaceful mob' showing up at my door." "Ok, you're anonymous Kane County Speaks tells the author.
Higher property reduce home-buying power. The
Consumer Financial Protection Bureau explains that taxes reduce the monthly budget available for mortgage principal and interest. Using a hypothetical 30-year mortgage at 7%, an additional $1,000 in annual property taxes consumes $83.33 monthly—enough to support approximately
$12,500 in mortgage borrowing. Holding the housing budget, cash down payment, and other costs constant, that means roughly $12,500 less purchasing power. It is not an automatic, equivalent decline in a home’s market value, but the affordability impact is real. (consumerfinance.gov)
While D303 infers that new buildings are great for home values, D303 refuses to address the negative impact on families who carry the bill. D303 only states that the sacrifice is good for all.
But longer-term trade-off matters, too. As a separate 30-year illustration, an additional $1,000 annually totals
$30,000 paid in taxes. Investing $1,000 at each year-end instead would accumulate approximately
$94,461, assuming a constant 7% annual return before taxes and fees. That balance includes the $30,000 contributed; these are not separate losses to add together, and investment returns are not guaranteed. The
SEC’s Investor.gov calculator illustrates compounding. Importantly,
D303 describes a 25-year bond structure, so this 30-year example illustrates the broader cost of recurring taxes—not this referendum’s repayment schedule. (Investor)
A new fieldhouse or other building improvements will offset these household costs through higher property values. It will not. That's a fallacy.
Families deserve a plan that prioritizes essential needs while respecting their ability to pay.
Supporting education and demanding fiscal responsibility are not opposites.
Had enough?
Vote NO on the D303 referendum on
November 3, 2026. It is time to demand fiscal responsibility at every level of government in Illinois. (District 303)
