The Monticello CUSD #25 hosted an informational meeting on February 13, 2014 about the County School Facility Sales Tax (CSFST). The presentation on the tax was made by Kevin Heid of Stifel Nicolas. Eighteen counties in Illinois have implemented the tax including Macon, Champaign, and Douglas Counties. DeWitt, McLean, and Shelby Counties have the tax on the ballot for the March election. Piatt County has not implemented such a tax at this time. A majority vote of the county would implement up to a 1% additional sales tax to be distributed to county school districts based on enrolled students. Dollars from the tax could only be used for facility improvements, maintenance, upgrades, new facilities, or paying off debt for these facilities. The dollars cannot be used for personnel, supplies, or textbooks. The current tax rate in Piatt County is 6.25%, while Macon and Champaign Counties rates are over 9%. The additional 1% sales tax does not apply to vehicles, farm equipment, farm inputs, prescriptions, or food from the grocery stores. If an item is not currently taxed it will not be taxed if the CSFST is adopted. Please see below for the presentation and a video on the County School Facility Sales Tax.