Mill Levy Override (Ballot Issue 4A) Ballot Language
Mill Levy Override Question
Ballot Issue 4A
WITHOUT INCREASING TAXES, SHALL ELIZABETH SCHOOL DISTRICT BE AUTHORIZED TO EXTEND ITS EXISTING TAX FOR BONDED DEBT, AND SHALL THE DISTRICT BE AUTHORIZED TO CONTINUE TO COLLECT UP TO $1,590,000 IN PROPERTY TAX REVENUE IN 2019 AND ANNUALLY THEREAFTER, WHICH MONEYS SHALL BE DEPOSITED INTO THE GENERAL FUND OF THE DISTRICT AND USED TO:
- ATTRACT AND RETAIN TEACHERS AND SUPPORT STAFF BY OFFERING COMPENSATION THAT IS COMPETITIVE WITH SURROUNDING SCHOOL DISTRICTS;
- EXPAND SAFETY AND SECURITY MEASURES THROUGH EQUIPMENT, TRAINING, AND PREPAREDNESS, INCLUDING BUT NOT LIMITED TO THE ADDITION OF A SCHOOL RESOURCE OFFICER AND SOCIAL-EMOTIONAL SUPPORT FOR STUDENTS;
- PROVIDE ALL STUDENTS WITH ADDITIONAL ACCESS TO TECHNOLOGY THAT FACILITATES LEARNING AND POST-GRADUATE SUCCESS;
PROVIDED THAT IN 2019 A PORTION OF THE $1,590,000 WILL BE USED TO MAKE THE FINAL PAYMENTS ON THE DISTRICT'S GENERAL OBLIGATION DEBT;
AND, BASED ON STUDENT COUNT, SHALL THE DISTRICT BE AUTHORIZED TO ALLOCATE A PORTION OF THE REVENUE RAISED TO LEGACY ACADEMY, AS REQUIRED BY LAW, TO USE FOR THE PURPOSES SET FORTH HEREIN;
AND SHALL THE DISTRICT BE AUTHORIZED TO COLLECT, RETAIN, AND SPEND ALL REVENUES FROM SUCH TAXES AND THE EARNINGS FROM THE INVESTMENT OF SUCH REVENUES AS A VOTER APPROVED REVENUE CHANGE?
The following information is included in the Ballot Information Booklet (Blue Book)
| Arguments For | Arguments Against |
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Vote yes on 4A to help Elizabeth School District address fundamental and enduring needs, such as providing competitive compensation for teachers and support staff, expanding health and safety measures across the district and increasing access to technology for all students. A yes vote on 4A won’t increase taxes because it authorizes the extension of the current tax payment that was used to build Elizabeth High School which will be paid off in 2019. Ballot issue 4A is a flat mill levy override amount – $1,590,000 – and as the community grows the tax rate will likely decrease. The mill levy override does not expire because the funds will be used to address ongoing operational needs.
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Fiscal Year Spending Information:
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2018-2019 (Current fiscal year estimated) |
$23,139,113 |
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2017-2018 (Estimated actual) |
$23,157,428 |
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2016-2017 |
$22,803,997 |
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2015-2016 |
$21,917,342 |
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2014-2015 |
$21,450,969 |
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Overall percentage from 2014-2015 to 2018-2019 |
7.87% |
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Overall dollar amount change from 2014-2015 to 2018-2019 |
$1,688,144 |
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Estimated maximum dollar amount of tax increase for 2019-2020 |
$1,590,000 |
| Estimated 2019-2020 fiscal year spending without tax increase | $23,783,240 |
Information on Current Bonded Debt:
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Principal amount |
$3,155,000 maximum |
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Annual repayment cost |
$1,603,812.50 total |
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Repayment cost |
$3,256,437.50 |
