FOR SPACE. FOR SAFETY. FOR SECURITY.
It’s no secret - ISD 518 doesn’t have enough space. We’ve exhausted all options to provide adequate space for our programs and services, but we just don’t have enough. Our space needs are affecting our students now and our existing facilities are currently exceeding their capacities. On Tuesday, November 5th, ISD 518 will be asking District residents to vote on a bond referendum to address critical space, safety, and security needs. The three-question ballot includes:
WHAT DOES QUESTION #3 MEAN?
We want to reduce the tax impact on our community’s agricultural landowners. Under the recent changes to the Ag2School tax credit, which has been increased to 50% in the coming tax year and will continue to increase until it reaches 70% in 2023, refinancing our Series 2017A affords us the opportunity to move lease levy dollars to voter-approved bond referendum dollars. The state of Minnesota would take on a larger share of our proposed project each year until 2023, ultimately reducing the tax increase on non-homesteader farmland by 78%.
CREATING SPACE ACROSS ALL ISD 518 FACILITIES
WHAT ARE THE BENEFITS OF THIS PLAN?
ISD 518 wants to continue to provide excellent educational programs and community use to our sites. The proposed referendum will benefit our students, staff, and communities in several ways including:
After the February 2018 referendum failed by only 17 votes, the School Board heard from community members that it should look for a plan that addressed the growing enrollment but provided a lower tax impact on our residents. The School Board has continued to propose plans to address the community’s desire for adequate classroom space but a modest tax impact.