Presentation is loading. Please wait.

Presentation is loading. Please wait.

Renewal of Supplemental Levy March 2015.  Renewal of Supplemental Levy at a lower amount.  Amount: $350,000 per year for two years  Replaces the existing.

Similar presentations


Presentation on theme: "Renewal of Supplemental Levy March 2015.  Renewal of Supplemental Levy at a lower amount.  Amount: $350,000 per year for two years  Replaces the existing."— Presentation transcript:

1 Renewal of Supplemental Levy March 2015

2  Renewal of Supplemental Levy at a lower amount.  Amount: $350,000 per year for two years  Replaces the existing levy of $495,000

3 The intent of the levy is to allow us to…  Offer courses and programs that enhance students’ education  Maintain class sizes  Maintain the number of days students are taught  Continue to pay the district’s operational expenses

4  For every $10,000 of net taxable value (after the homeowner’s exemption) $7.49 per year or 62 cents per month.  This replaces the current levy, which cost $11.52 per year or 96 cents per month per $10,000 of net value.  Example: If net value of a home is $50,000, cost per month is 5 x 62 cents = $3.10 per month under the proposed levy. Under the previous levy it would be 5 x 96 cents = $4.80 per month.  To determine how the levy will affect your taxes: Call and ask the Assessor’s Office for your net taxable property value.

5  Current levy was sought in response to a 17% cut in state funding since  Even after significant cuts, there was a large gap that was addressed with the supplemental levy.  Operational funding from the state continues to be lower than 2008 levels, even though costs have increased.  Supplemental levy allows district to continue providing services, even though state funding is lower.

6  Budgets proposed by Governor and Superintendent of Public Instruction are still far from previous funding.  Operational funds in 2009 were $25,696 per classroom unit; current year is only $22,401 per unit.  Even if legislature passes Governor’s budget, will be $23,660—and many costs have risen since 2009.

7  Currently 93 of the 115 school districts in Idaho rely on supplemental levies.

8  District is hopeful that state funding will improve  District seeks to lessen the burden on taxpayers  District has also reduced taxes by refinancing bonds, from 4.31% interest to 1.9%. Savings to taxpayers is close to $800,000 over 11 years, or approximately $66,500 per year.

9  $350,000 per year for two years.  62 cents per month per $10,000 value after exemptions.  Levy election March 10, Polls open from 8:00 am to 8:00 pm.  Voting will be at the same locations as the general election:  Corpus Christi Catholic Church  Fruitland City Hall  Community Center (Farmers Mutual)  New Plymouth Assembly of God Church

10 Absentee Voting, voter registration, and poll locations information: payettecounty.org or call Last day for early voting at the Payette County Courthouse: March 6th Voters may register and vote at the polling place on March 10th.

11  Tuesday, March 3  7:00 pm  Fruitland School District Office 401 Iowa Avenue—previously the Intermediate School


Download ppt "Renewal of Supplemental Levy March 2015.  Renewal of Supplemental Levy at a lower amount.  Amount: $350,000 per year for two years  Replaces the existing."

Similar presentations


Ads by Google