A couple notes on MRT's post:
1) Students do matter. You're absolutely correct. The school revolves around them and they should be the greatest concern. However, that doesn't necessarily mean that we must spend ourselves into the poorhouse for their benefit. There's lots of things that might be nice to have--instruction in Chinese or Urdu or Russian, a lacrosse team, free ponies for everyone--but we don't have them now and students are not really suffering. It would certainly be unfortuante to lose programs--and this is why I'm still undecided about my vote--but we can adapt, I think, without too much detriment.
2) I don't consider this a marginal tax increase. I'm roughly in the same boat as the folks who posted on another thread where the actual tax was discussed, and anticipate that this will cost me anywhere between $600-$800 per year. That's a lot. ALso, don't forget that since the tax rate is based on your home's EAV, your taxes will likely increase every year. Of course, whether I consider this a reasonable amount is another issue, but it is certainly not a marginal increase.
3) Finally, regarding your statement about people choosing to live in Riverside because of the schools, don't forget that students from Brookfield, North Riverside, LaGrange Park, Broadview and Lyons also attend RB. The impact that this tax increase will have on those communities needs to be taken into account as well.