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SCHOOL DISTRICT 16 - Question No. 1
Shall the increase in the revenue proposed by Board of Independent School District No. 16 be approved?
Shall the increase in the revenue proposed by Board of Independent School District No. 16 be approved? The board of Independent School District No. 16 (Spring Lake Park), has proposed to increase its general education revenue by $415 per resident marginal cost pupil unit. 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 .12030% of the referendum market value of the school district for taxes payable in 2002, the first year it is to be levied. The proposed referendum revenue authorization would be applicable for ten years unless otherwise revoked or reduced as provided by law.
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