Monday, February 27, 2006
District 300 Vendors Didn't Contribute Much to Tax Hike Committees Compared to Payments - $37,000 out of $76 Million - 5/100 of 1%
A final look at what District 300 vendors over the last 5½ years contributed to finance the tax hike and bond referendum committees. Previously, McHenry County Blog has articles on the financing role of school vendors, including their business, specific amounts given, and evidence of work done for District 300 when found on the web
Part 1 - District 300 Vendors Major Contributors to Tax Hike Committees; Pay to Play?
Part 2 - District 300 Vendors Major Contributors to Tax Hike Committees; Pay to Play?
District 300’s School Construction Manager--Another Vendor--Contributed to Tax Hike Efforts
Who Wants To Raise Your Taxes? Getting School Vendors To Contribute – An Expert’s Advice.
Today, a comparison of contributions to District 300 checks paid to the donating businesses is examined. The short of it is that no company gave a very large percentage of the amount District 300 paid it.
McHenry County Blog found $36,880 in contributions from 13 vendors whose payments could be identified. (First American Bank also contributed $850, but figuring out the value of the District 300 float and any other benefits wasn’t worth the effort.)
Over the 5½-year period, the 13 companies received $75,730,477 in payments from District 300. $75.8 million out of the taxpayers’ pockets and $37,000 to committees who want to hike taxes more.
That means the average company contributed just 5/100 of 1% of the money it received from District 300 to the district’s tax hike committees.
If this were characterized as a “pay to play” scenario, such as is hinted at in Sunday’s Chicago Sun-Times article on its I-PASS transponder marketer, each District 300 vendor dropped precious little money into the hands of the tax hike committees. The Sun-Times found IGOR’s owners contributed $76,000 for a $7 million contract, meaning its owners paid, opps, I mean contributed 1.1% for the business received. (The Sun-Times runs a follow-up story today.)
Of District 300’s contributors, Telstar American Corporation contributed the highest percentage--1.2% contributed of the almost $71,000 it was paid.
PMA Financial was also over 1%. PMA appears to be the only firm that contributed before getting business from the district.
There were two other companies whose campaign contributions exceeded 1/10 of 1% of the business they received from District 300:
Part 1 - District 300 Vendors Major Contributors to Tax Hike Committees; Pay to Play?
Part 2 - District 300 Vendors Major Contributors to Tax Hike Committees; Pay to Play?
District 300’s School Construction Manager--Another Vendor--Contributed to Tax Hike Efforts
Who Wants To Raise Your Taxes? Getting School Vendors To Contribute – An Expert’s Advice.
Today, a comparison of contributions to District 300 checks paid to the donating businesses is examined. The short of it is that no company gave a very large percentage of the amount District 300 paid it.
McHenry County Blog found $36,880 in contributions from 13 vendors whose payments could be identified. (First American Bank also contributed $850, but figuring out the value of the District 300 float and any other benefits wasn’t worth the effort.)
Over the 5½-year period, the 13 companies received $75,730,477 in payments from District 300. $75.8 million out of the taxpayers’ pockets and $37,000 to committees who want to hike taxes more.
That means the average company contributed just 5/100 of 1% of the money it received from District 300 to the district’s tax hike committees.
If this were characterized as a “pay to play” scenario, such as is hinted at in Sunday’s Chicago Sun-Times article on its I-PASS transponder marketer, each District 300 vendor dropped precious little money into the hands of the tax hike committees. The Sun-Times found IGOR’s owners contributed $76,000 for a $7 million contract, meaning its owners paid, opps, I mean contributed 1.1% for the business received. (The Sun-Times runs a follow-up story today.)
Of District 300’s contributors, Telstar American Corporation contributed the highest percentage--1.2% contributed of the almost $71,000 it was paid.
PMA Financial was also over 1%. PMA appears to be the only firm that contributed before getting business from the district.
There were two other companies whose campaign contributions exceeded 1/10 of 1% of the business they received from District 300:
· J&E Duff Company, a masonry company, at 36/100 of 1%Those companies donating less than 1/10 of 1% follow:
· Burnidge Cassell, the district’s architects, at 3/10 of 1%
· Turner Construction, the construction management firm, at 19/100 of 1%
· Tessendorf Mechanical at 17/100 of 1%
· Freund International at 12/100 of 1%
· Cruise Boiler & Repair at 1/10 of 1%
· Carey Electric at 6/100 of 1%
· Hawks Auto Parts at 5/100 of 1%
· Trane Company at 3/100 of 1%
· Elgin Roofing at 2/100 of 1%
· Lamp, Inc., at 2/100 of 1%. (Lamp got paid over $60 million, the bulk of the almost $78 million analyzed.)
Labels: Burnidge Cassell, Carey Electric, Cruise Boiler, Elgin Roofing, Freund International, J and E Duff, Lamp Inc, PMA, Tessendorf Mechinaical, Trane
