FIVE-YEAR OPERATING LEVY FOR CARDINAL ATHLETICS
QUESTION: Shall the Corbett School District impose $200,000.00 per year for five years solely to support Corbett Cardinal Athletics beginning 2009-2010? This measure may cause property taxes to increase more than three percent.
SUMMARY: The total amount to be raised by this levy is $1,000,000, which will be imposed over five years at $200,000.00 each year. The taxes will be used by Corbett School District exclusively in support of Corbett Cardinal athletics at the middle school, junior varsity and varsity levels. It is estimated that the proposed tax levy will result in a tax rate of $.6437 in 2009-2010, $.6421 in 2010-2011, $.6050 in 2011-2012, $.5865 in 2012-2013, and $.5684 in 2013-2014. The estimated tax cost for this measure is an ESTIMATE ONLY based on the best information available for the county assessor at the time of the estimate.
EXPLANATORY STATEMENT
Five-Year Operating Levy for Cardinal Athletics
QUESTION: Shall the Corbett School District impose $200,000.00 per year for five years solely to support Corbett Cardinal Athletics beginning 2009-2010? This measure may cause property taxes to increase more than three percent.
SUMMARY: The total amount to be raised by this levy is $1,000,000, which will be imposed over five years at $200,000.00 each year. The taxes will be used by Corbett School District exclusively in support of Corbett Cardinal athletics at the middle school, junior varsity and varsity levels. It is estimated that the proposed tax levy will result in a tax rate of $.6437 in 2009-2010, $.6421 in 2010-2011, $.6050 in 2011-12, $.5865 in 2012-2013, and $.5684 in 2013-2014. The estimated tax cost for this measure is an ESTIMATE ONLY based on the best information available for the county assessor at the time of the estimate.
Submitted by:
Robert R. “Bob” Dunton
Corbett School District
No argument FOR or AGAINST this measure were filed.