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SCHOOL DISTRICT QUESTION 1 (ISD #656)
REVOKING EXISTING REFERENDUM REVENUE
AUTHORIZATION; APPROVING NEW AUTHORIZATION
The board of Independent School District No. 656 (Faribault Public Schools) has proposed to revoke the school district's existing referendum revenue authorization of approximately $465.55 per pupil and to replace that authorization with a new authorization of $1,101.55 per pupil. The proposed new 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. 656 be approved?
BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE.
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