SCHOOL DISTRICT QUESTION 1 (ISD #600)
ESTABLISH CAPITAL PROJECT LEVY AUTHORIZATION
The school board of independent School District No. 600 (Fisher Public School) has proposed a project for the acquisition and replacement of school vehicles and the payment of certain technology costs, including the purchase and replacement of school district buses and vehicles, and the funding of costs related to the purchase and replacement of technology software and hardware. To provide funds for the project costs, the school board has proposed a capital project levy authorization in the amount of 6.992% times the net tax capacity of the school district. The proposed authorization would raise approximately $200,000 for taxes payable in 2014, the first year it is to be levied, and would be authorized for ten years unless earlier revoked or reduced as provided by law. The estimated cost of the projects to be funded over that time period is approximately $2,000,000. [The project has received a positive review and comment from the commissioner of education.]
Shall the establishment of the capital project levy authorization proposed by the school board of Independent School District No. 600 be approved?
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