SCHOOL DISTRICT QUESTION 2 (ISD #698)
Approval of Capital Project Levy Authorization
The board of Independent School District No. 698 (Floodwood Public Schools), Minnesota has proposed a capital project levy authorization in the amount of 4.284% times the net tax capacity of the school district to provide funds for the acquisition and installation of technology and deferred capital maintenance projects. The proposed capital project levy authorization will raise approximately $193,368 in 2021, the first year it is to be levied, for taxes payable in 2022, and would be authorized for ten (10) years. The estimated total cost of the projects to be funded over that time period is approximately $1,933,680.
If School District Question 1 is approved, shall the capital project levy authorization proposed by the Board of Independent School District No. 698 (Floodwood Public Schools), Minnesota be approved?
BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE
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