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ZED proposes shared levy approach to fund long-term facility needs; Stewartville's share roughly $7,412
Summary
ZED (the cooperative of six districts) proposed a $36,000 pooled levy to create a reserve for long-term facility maintenance (LTF). Stewartville's projected share was about 20%, roughly $7,412; the proposal is being returned to each member board for comment and will be re-evaluated periodically.
Board members heard a report on a ZED (six-district cooperative) proposal to create a small, pooled levy across member districts to fund long-term facility maintenance (LTF) for a shared facility.
Under the proposal presented to the board, the six member districts would jointly levy a total of $36,000 and each district's share would be proportional to enrollment or participation. Stewartville's portion was shown at about 20 percent of the total'roughly $7,411.93. The levy would be assessed next year and paid in 2027 under the timeline discussed.
Officials said the pooled approach reflects the fact that ZED is a co-op and cannot levy for LTF the way independent districts can; the pooled, multi-district assessment is intended to build a reserve so that major capital maintenance (for example roof replacement or large parking-lot repairs) would be less burdensome if costs occur many years from now.
The ZED board tabled final action to allow each member district to take the proposal to its board for review and to collect any concerns. Superintendents are supportive, the report said, but member boards will review and return comments. The proposal calls for periodic re-evaluation of the percentage splits, likely on a multi-year cycle.
