Wednesday, December 3, 2008

Independence to get Target store?

There is a lot of interest and discussion around Delano and Independence about the possible location of a Target store at the NE intersection of Highway 12 and County Line Road. The main question seems to be "should Delano support this development by providing water and sewer across the county line into Independence?" For a fee, of course.

From the standpoint of taxpayers in the Delano School District a Target store would increase the commercial tax base of the school district. This would lessen the burden on taxpayers for bond and levy referendums, including the existing bonds and levies that are in effect.

This increase in the tax base would not provide more dollars to the school district's general fund. The funding formula is based on a state set authorized revenue amount, which is $19,110,110. Local property taxes ($2,974,518) are subtracted from the authorized amount and the remainder ($16,135,592) is the state aid that is received. So the more property tax that goes into the formula, the less state aid.

2 comments:

Anonymous said...

So it's going to be where? I'm a bit confused. Is it a given that there will be a target or a possibility?

Thanks.

Superintendent's Blog said...

It's proposed to be at the northeast corner of Highway 12 and County Line Road. The entrance would be off St. Peter Ave near the Methodist Church.

It is still in the possibility stage, hinging primarily on the City of Delano providing water and sewer service.