Renewal of Supplemental Levy March 2015 Renewal of Supplemental Levy at a lower amount. Amount: $350,000 per year for two years Replaces the existing levy of $495,000 The intent of the levy is to allow us to… Offer courses and programs that enhance students’ education Maintain class sizes Maintain the number of days students are taught Continue to pay the district’s operational expenses For every $10,000 of net taxable value (after the homeowner’s exemption) $7.49 per year or 62 cents per month. This replaces the current levy, which cost $11.52 per year or 96 cents per month per $10,000 of net value. Example: If net value of a home is $50,000, cost per month is 5 x 62 cents = $3.10 per month under the proposed levy. Under the previous levy it would be 5 x 96 cents = $4.80 per month. To determine how the levy will affect your taxes: Call 642-6012 and ask the Assessor’s Office for your net taxable property value. Current levy was sought in response to a 17% cut in state funding since 2008. Even after significant cuts, there was a large gap that was addressed with the supplemental levy. Operational funding from the state continues to be lower than 2008 levels, even though costs have increased. Supplemental levy allows district to continue providing services, even though state funding is lower. Budgets proposed by Governor and Superintendent of Public Instruction are still far from previous funding. Operational funds in 2009 were $25,696 per classroom unit; current year is only $22,401 per unit. Even if legislature passes Governor’s budget, will be $23,660—and many costs have risen since 2009. Currently 93 of the 115 school districts in Idaho rely on supplemental levies. District is hopeful that state funding will improve District seeks to lessen the burden on taxpayers District has also reduced taxes by refinancing bonds, from 4.31% interest to 1.9%. Savings to taxpayers is close to $800,000 over 11 years, or approximately $66,500 per year. $350,000 per year for two years. 62 cents per month per $10,000 value after exemptions. Levy election March 10, 2015. Polls open from 8:00 am to 8:00 pm. Voting will be at the same locations as the general election: Corpus Christi Catholic Church Fruitland City Hall Community Center (Farmers Mutual) New Plymouth Assembly of God Church Absentee Voting, voter registration, and poll locations information: payettecounty.org or call 642-6000 Last day for early voting at the Payette County Courthouse: March 6th Voters may register and vote at the polling place on March 10th. Tuesday, March 3 7:00 pm Fruitland School District Office 401 Iowa Avenue—previously the Intermediate School