BALLOT TITLE
FIVE-YEAR OPERATING LEVY FOR CLASS-SIZE MAINTENANCE/PROGRAM RETENTION
QUESTION: Shall the District impose $600,000.00 per year for five years, beginning in 2011-2012, to maintain class-sizes and programs? This measure may cause property taxes to increase more than three percent.
SUMMARY: The total amount to be raised by this levy is $3,000,000.00, which will be imposed over five years at $600,000.00 each year. Although the levy imposes $600,000.00 per year the Corbett School District No. 39 anticipates it will collect only $500,000.00 per year based upon compression rates and other factors. The taxes will be used exclusively by the Corbett School District to maintain class size in Corbett School and to retain programs in Corbett School such as music, band, intervention, and other during and after school programs. These dollars will be used to avoid cutting staff and programs across all grade levels. These funds support approximately six teacher FTE out of 29 teacher FTE. It is estimated that the proposed tax levy will result in a tax rate of $1.8301 per $1000 of assessed value in 2011-2012 and be slightly less in each of the remaining four years. The estimated tax costs for this measure is an ESTIMATE ONLY based upon the best information available for the county assessor at the time of the estimate.
EXPLANATORY STATEMENT
Caption: Five Year Operating Levy for Class-Size Maintenance/Program Retention
Question: Shall the District impose $600,000.00 per year for five years, beginning in 2011-2012, to maintain class-sizes and programs? This measure may cause property taxes to increase more than three percent.
Summary: The total amount to be raised by this levy is $3,000,000.00, which will be imposed over five years at $600,000.00 each year. Although the levy imposes $600,000.00 per year the Corbett School District No. 39 anticipates it will collect only $500,000.00 per year based upon compression rates and other factors. The taxes will be used exclusively by the Corbett School District to maintain class size in Corbett School and to retain programs in Corbett School such as music, band, intervention, and other during and after school programs. These dollars will be used to avoid cutting staff and programs across all grade levels. These funds support approximately six teacher FTE out of 29 teacher FTE. It is estimated that the proposed tax levy will result in a tax rate of $1.8301 per $1000 of assessed value in 2011-2012 and be slightly less in each of the remaining four years. The estimated tax costs for this measure is an ESTIMATE ONLY based upon the best information available for the county assessor at the time of the estimate.
Submitted by:
Randy Trani
Superintendent
Corbett School District
No arguments FOR or AGAINST this measure were filed.