09-24-1984 Council Packet - Laserfiche WebLink

Home Browse Search

or coo Iodepenaenr acnoor usatrr cc rr ra 685 Old Crystal Bey load NOrth 'Long Lake, Minnesota 55356 tt®nesr ore U s prtA CL PAID Ise We Iluu asnx-r MC V SCHOOL REFERENDUM FACT SHEET Public Informational Meeting 7:30 p.m., Sept. 24. 1984 Orono Middle School SPECIAL POINTS IN THIS FACT SHEET RECA➢DING REFERENDUM 1. The Orono school district has not fared well under new school funding legislation. 2. $740,000 has been cut from the budget and $150,000 more cuts are planned for 1985-87. But, unless the referendum passes, large additional cuts will be required to offset projected deficits. This could severely damage the schools' educational program to the point where resale value of homes could be affected. 3. The Board to seeking voter permission to levy 3 to an additioul 41r mills, but this will not cause an Increase in the property to rate and, after 1987, there will be a decrease. That is because: - the district neat year will no longer need - and so will cancel - levies for a road &sees sment and asbestos removal. - The district's assessed valuation will Incress, by a substantial 6.21 for 19?5 (above the adjusted mount used for state funding), so preliminary calculations show that the mill rate will not increase, even with the referendum funds added. That means your 1985 school taxes would increase only If your property valustior. was increased this year. The district's separate levy for bonds and interest will drop by 2% sill, In 1957. That means there will be a reduction In texts the following year for most of the referendum mount. A. Your Board is asking for the minimum needed to maintain a quality progree for the YOM$ people in the District. No funds will be used to reinstate progr eta c personnel previously cut. --- PLEASE TARE TI-E TO READ THE FACT SHEET. TOPE SCHOOL'S F1'T.'RE IS AT S:AI:L THE ORONO SCHOOL BOAR: