REFERENDA QUESTIONS

February 23, 1999 CONSOLIDATED PRIMARY ELECTION

SCHOOL DISTRICTS

Woodland Community Consolidated
School District No. 50

Shall the maximum annual tax rate for educational purposes of Woodland Community Consolidated School District No. 50, Lake County, State of Illinois, be increased and established at 2.27 percent on the full, fair cash value of taxable property as equalized or assessed by the Department of Revenue instead of 1.87 percent, the maximum rate otherwise applicable to the next taxes to be extended for said purposes?

The approximate amount of educational taxes extendible under the maximum rate now in force in said School District is the sum of $16,726,968.

The approximate amount of educational taxes extendible under the proposed increased rate is the sum of $20,304,929.

The total amount of the most recently approved annual budget of the School District is $33,170,835.

The total amount of the budget increased by the amount of additional tax which may be levied if the proposition is approved is $36,748,796.

The percentage of increase in the total dollar amount of the most recently approved annual budget of the School District if such total dollar amount were increased by the amount of additional tax which may be levied if the proposition is approved is 10.8 percent.

The percentage of increase between the maximum rate at which the tax for educational purposes may be levied and the annual rate at which such tax currently is levied is 21.4 percent.

TOWNSHIP

Libertyville Township

Shall the Town of Libertyville, State of Illinois, adopt the 1998 Amendment to the Libertyville Township Open Space Plan considered at the Public Hearing on June 25, 1998, and shall the Town Board have the power (i) to acquire open land by purchase or otherwise, but not by condemnation, and (ii) to issue bonds for open space purposes in an amount not exceeding 5% of the valuation of all taxable property in the Township, and (iii) to levy a tax to pay the principal of and interest on those bonds as provided in Article 115 of the Township Code?