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Just the Facts! <br />Information about the Elk River Area School District's Referendum Election, <br />Tuesday, November 2, 2004 <br />What is the proposal? <br />• Question #1-Operating levy for $2.3 million or $250 per pupil unit. Funds will be used to <br />hire staff to open new schools proposed in bond referendum, maintain class sizes and <br />minimize future budget reductions. <br />• Question #2 -Bond referendum for $87 million. The passage of question #2 is contingent on <br />the passage of question #1. Funds will be used for the following construction and renovation <br />projects: <br />^ Construct a new elementary school for the Otsego/St. Michael area -- $22.95 <br />million <br />^ Construct the planned third classroom wing at Rogers High School -- $8 million <br />^ Construct the planned third classroom wing at Westwood Elementary School -- <br />$4.35 million <br />^ Renovate existing gym space at Elk River High School into 12 classrooms, and <br />construct a new and larger gym activity center -- $13 million <br />^ Construct a fine arts auditorium at Rogers High School -- $9.4 million <br />^ Construct a swimming pooUice sheet combination facility at Rogers High School <br />-- $15.6 million <br />^ Purchase land for future schools and complete renovation projects at existing <br />facilities -- $13.7 million <br />Why is the operating levy needed? <br />• The amount of funding that the district receives from the state has remained the same for the <br />past three years. <br />• There is no indication that funding levels will increase for the next two years. <br />• The district is facing a budget shortfall for the 2005-2006 school year of about $4 million. <br />Why is the bond referendum needed? <br />• Enrollment in the district has increased from 7,500 students in 1995-1996 to 10,870 students <br />this fall. <br />• Enrollment is expected to continue to grow to more than 15,000 students in the next 8-10 <br />years. <br />• New schools, classroom additions and other facilities are needed to keep up with the rapid <br />increase in enrollment. <br />