In a recent government meeting, officials provided an update on the upcoming operational levy set to appear on the ballot on November 5th. This $2 million incremental levy is intended to replace an expiring five-year levy that previously increased by $1.5 million increments. The funds generated from this levy will be allocated for day-to-day operational expenses, including staff salaries and transportation costs.
Key points discussed included the projected cost to taxpayers, which is estimated at $4.20 per month for every $100,000 of appraised home value, beginning in the second year of the levy. The incremental nature of the levy means that costs will rise each year, but officials emphasized that as the community grows, the amount of money needed from homeowners may decrease. This is due to the district's ability to collect less from homeowners as property values increase.
The meeting also highlighted the potential consequences of the levy failing. If the levy does not pass, the district could face a loss of $13 million, which represents 17% of its operating budget. This could lead to significant cuts in staffing and programming, potentially affecting the educational experience of students. Officials noted that the loss of funding could equate to the elimination of approximately 130 staff positions, which would have a ripple effect on the community's desirability and property values.
The district's performance in education was also underscored, with officials asserting that maintaining funding is crucial for sustaining high academic standards and attracting families to the area. They encouraged community members to consider the long-term benefits of the levy, not just for current students but for the overall health of the community.
To further engage the public, the district plans to host informational sessions aimed at educating residents about school funding and the implications of the levy.