6.3. HANDOUTS 10-15-2012 - Laserfiche WebLink

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WHAT HAPPENS IF... OFFICIAL BALLOT QUESTION 1 : RE V DID boh are NOTICE OF SPECIAL ELECTION questions approved: A/YOU q pp roved: INDEPENDENT SCHOOL DISTRICT NO. 728 » There will still be an approximate$2 million deficit problem - (ELK RIVER AREA SCHOOLS) OW to resolve for 2013-2014. -0° _ STATE OF MINNESOTA • • • • Factors such as enrollment growth, 2013 legislative action "` fi NOTICE IS HEREBY GIVEN that a special election has been called and will be held in and a combination of fund balance resources and conjunction with he state general election in and for Independent School District No. 728 Regarding operating reductions could all play a role in resolving this deficit. • - t (Elk River Area Schools),State of Minnesota, on Tuesday, November 6, 2012, for the purpose Question 1 is approved & Question 2 fails: _ �' of voting on the following questions: levies, commercial 3 , SCHOOL DISTRICT BALLOT QUESTION 1 and residential • There will still be an approximate$5 million deficit problem to ;• f.;; 1 resolve for 2013-2014. r — RENEWAL OF PORTION OF EXPIRING property taxes 4. I. REFERENDUM REVENUE AUTHORIZATION are calculated at » The same variables and options above (if both questions are , approved) will apply, but to a larger extent. Frij 1n V ; ,' -;,.r The board of Independent School District No. 728 (Elk River Area Schools) has proposed the same rates...a PJIfi» All-Day, Every-Day kindergarten will remain fee-based for $200,000 commercial fir,•, authorization which is scheduled to expire after taxes payable in 2013.The proposed 2013 2014 and not an option for all learners. ; • referendum revenue authorization would be applicable for ten years, beginning with taxes property will pay the :. . i;l a able in 2014, unless otherwise revoked or reduced as provided by law. y y not be available. J - . . ,. same as a $200,000 T 0 YES Shall the increase in the revenue proposed by the board of Independent home. - Both Questions fail: O NO School District No. 728 be approved? » To balance the budget, the district will need to reduce its \ A BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING TO EXTEND budget by$12 million from 2013 to 2015. 1 ti AN EXISTING PROPERTY TAX REFERENDUM THAT IS SCHEDULED TO EXPIRE. • Approximately 200 employee positions will need to be % ' . y eliminated the next two fiscal years. �` .0 Renewing this levy ($386 per pupil) will provide funds to help: yr » Reductions will need to be made in programs, such as • , f » Maintain existing curriculum and programs, services, class sizes and staffing. electives, choice programs, community services, co- `"' curricular programs and activities. » Support continued student achievement gains. . » K-12 classes will need to increase by more than 10 percent. I » Retain five percent of the district's current operating budget. Additional specifics at www.elkriver.k 12.mn.us/20 I21evy • Maintenance of district facilities and grounds will need to be reduced. How much will this levy cost me? If revenue from these ballot questions are not available...the gap widens Because Question 1 extends an expiring levy at the same dollar amount, it is not expected to cause any significant changes in property taxes. $128 $126 Without voter approval of the proposed ballot H __ K w O t $124 . Projected Expenditures questions the gap • — ...IL_ $122 F-- widens and additional $120 reductions are required w 4` . o $118 I annually. s. - - i Z• $116 -_.... y o 4 cn $114 ; Projected Revenues V ' �, o • $112 — �' — r i $110 Projected revenues and ' expenditures do not include +j 101/4" 1 !/r capital and health and safety. ' IQ,� , y* �. Ate` 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 aoc T - DIDIf ISD 728 received the same funding as the number one metro YOU school district, it would add $19 million more to the budget and this ma4 am existi't referendum would not be needed. K tia�t � w�K�ws air �xist�t� �� a�td wi��yep i�J`W � .- ,,��,w��,,� sewu�i�es, c sizes air s ��K�� ues ears d to