SCHOOL DISTRICT QUESTION 1 (0006)
REVOCATION OF EXISTING REFERENDUM REVENUE AUTHORIZATION; APPROVAL OF NEW AUTHORIZATION The board of Special School District No. 6 (South St. Paul Public Schools) has proposed to revoke its existing referendum revenue authorization of $232.52 per resident marginal cost pupil unit and to repolace that authorization with a new authorization that would increase its general education revenue by $869.57 per resident marginal cost pupil unit. The additonal revenue will be used to finance school operations. The property tax portion of the additional revenue will require an estimated referendum tax rate of approximately .23121% of the referendum market value of the school district for taxes payable in 2004, the first year the new authorization would be levied. The proposed new referendum revenue authorization would be applicable for ten years unless otherwise revoked or reduced as provided by law.
Shall the school district's existing referendum revenue authorization be revoked and the increase in revenue proposed by the board of Special School District No. 6 be approved?
