This referendum would be replacing the existing 10-year operating referendum that is set to expire at the end of 2021. The purpose of the referendum is to seek approval from the voters for a $410 per pupil operating referendum. If the voters approve this referendum, the District will begin receiving approximately $550,000 in additional funding per year starting in the 2022-23 school year.
WHAT HAPPENS IF IT DOESN'T PASS?
The district would need to reduce the budget by about $450,000. This would affect our ability to maintain programming, class sizes, and additional supports for students.
(More quick facts here)
RESOLUTION RELATING TO INCREASING THE GENERAL EDUCATION REVENUE OF THE SCHOOL DISTRICT BY APPROVING A NEW REFERENDUM REVENUE AUTHORIZATION
AND CALLING AN ELECTION THEREON
BE IT RESOLVED by the School Board of Independent School District No. 508, State of Minnesota, as follows:
- The Board hereby determines and declares that it is necessary and expedient for the school district to increase its general education revenue by $410 per adjusted pupil unit. As provided by law, the ballot question must abbreviate the term "per adjusted pupil unit" as "per pupil." The additional revenue will be used to finance school operations and the property tax portion thereof will require an estimated referendum tax rate of approximately 0.07194%. of the referendum market value of the school district for taxes payable in 2022, the first year it is to be levied. The proposed referendum revenue authorization would be applicable for ten (10) years unless otherwise revoked or reduced as provided by law. The question on the approval of this referendum revenue authorization shall be School District Question 1 on the school district ballot at the special election held to approve said authorization.
- The ballot question specified above shall be submitted to the qualified voters of the school district at a special election, which is hereby called and directed to be held on Tuesday, November 2, 2021, between the hours of 7:00 o'clock a.m. and 8:00 o'clock p.m. (Full Resolution here)