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<br /> <br />Stockholder's Report <br />Fall 2007 <br /> <br />Fiscal Accountability <br /> <br />~Investment of levy referendum in fund balance <br />($2.5 million) <br /> <br />~ Bond refundings (Twice lowered taxes $5.0 <br />million) <br /> <br />~Q Comp implementation ($1.3 million in new <br />revenue without local levy) <br /> <br />~Competitive grants ($.5 million in competitive <br />revenue) <br /> <br />~ Low spending school district (Lowest in 5 <br />County Metro area) ($9 million/year less than <br />State average) <br />