School District Question 1 (ISD #495)
REVOKING EXISTING REFERENDUM REVENUE AUTHORIZATION; APPROVING NEW AUTHORIZATION The board of Independent School District No. 495 (Grand Meadow) has proposed to revoke the school district's existing referendum revenue authorization of $853.01 per pupil and to replace that authorization with a new authorization of $1,440 per pupil. The proposed referendum revenue authorization would be an increase of $586.99 per pupil over the amount of the revoked authorization. The proposed referendum revenue authorization would increase each year by the rate of inflation and 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 the revenue proposed by the board of Independent School District No. 495 be approved? BY VOTING ""YES"" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE.
