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APRIL 2019 NO-TAX INCREASE BOND REFERENDUM & $.49 OPERATING LEVY
On April 2, 2019, voters in the Logan-Rogersville School District will be asked to consider two questions: (1) a No-Tax Increase Bond Referendum; and (2) a $0.49 Operating Levy. The No-Tax Increase Bond would provide $8 Million in funds for safety and security improvements at all schools, Logan Elementary (grades 2-3) renovations, and deferred maintenance projects. The $0.49 levy would provide approximately $1.2 Million in funds for hiring additional safety personnel for better coverage of the district’s five (5) campuses and improvements to salary schedules for the purposes of recruiting and retaining quality faculty and staff.
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Shall Logan-Rogersville R-VIII School District issue its general obligation bonds in the amount of $8,000,000 for the purpose of safety and security improvements at existing school facilities; constructing, improving, repairing, renovating, furnishing and equipping school facilities, including renovations at the Logan Elementary School (grades 2-3); and maintenance projects at existing school facilities?
If this question is approved, the District’s debt service property tax levy is estimated to remain unchanged at $0.9394 per one hundred dollars of assessed valuation of real and personal property.
Shall the Board of Education of Logan-Rogersville R-VIII School District, Missouri, be authorized to increase the operating tax levy by $0.49 per one hundred dollars of assessed valuation for operating expenses of the District, including hiring additional security personnel and improving recruitment and retention of quality faculty and staff?
If this question is approved, District’s operating property tax levy is estimated to increase from $3.0734 to $3.5634 per one hundred dollars of assessed valuation of real and personal property.