Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Ballot Measures topic
No spam. Unsubscribe anytime.
District previews two November ballot questions: sinking fund renewal and operating millage rollback
Summary
Administrators told trustees the November ballot will include a 10-year sinking fund renewal (current 0.5603 mills) and a separate operating millage rollback restoration; officials estimated the sinking fund renewal would generate about $503,636 annually and restoring the millage would recover roughly $150,000 per year.
Presenter told trustees, “We have 2, ballot questions that are going to go on the November election,” and described two distinct measures: a 10‑year renewal of the existing sinking fund and a second question aimed at restoring operating millage lost to a rollback adjustment.
Presenter said the sinking fund currently generates around $404,150–$500,000 and that the renewal would be estimated to generate $503,636 annually if approved; the administration clarified sinking‑fund proceeds are typically used for maintenance, repairs, HVAC and similar capital needs. Presenter also said the 'heady rollback' had reduced allowable mills from 18 to 17.6 and that recovering the full 18 mills would bring in roughly $150,000 per year for operations. Officials stressed both measures are renewals/extensions rather than new tax increases and discussed plans for community information this summer and fall.
