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I��� �ill ��� I�� ������ �������� <br />A levy approved by voters in 1986 will expire in 2008-09. It cur�ently provides more than �'3 million a year. This fdlt <br />the School Board of Mounds T�i�2u Public Schools is asking voters to replace that levy with a new levy. If approved ... <br />* It would provide about $10 million of revenue in <br />2007-08. Of this revenue, more than $3 million is <br />from the current levy being renewed, and nearly <br />$7 million is new money. <br />* The levy could be in effect for up to eight years. <br />(A 10-year maximum was possible but not pursued.) <br />The School Board is not obligated to levy for the <br />entire term if financial conditions were to change. <br />The levy seeks inflationary increases for four years <br />(A 10-year maximum was possible but not pursued.) <br />* On a per-pupil basis (not per-taxpayer), it would <br />_rirl� $900 in 20p7-Q$. Considering inflationary <br />increases, this amount could increase to $990 <br />per-pupil after four years. <br />.�. �+ - <br />���4 k.' <br />.•'�J2� l L <br />.EkkS� <br />}� { .. _..- �� <br />.,�� ; .} �. . {. ; �� . <br />•� �� >� �'.':�• � r � � •' . . ti . ., :'��° . <br />_ • ' L�1 <br />� • ''' _• ' x;'• ' • �' _, �JC ' [ :'� <br />�.�,; • �.. � r�K <br />�� �����_.� - �.'�.�."� . .. � . ,. <br />}' . L•; _,M1� . . {� f.'�}_. . <br />, i.. _ti1 �}'� . i .� i <br />L��'� - _.#�l '7�'�. °• i+. <br />� M1S I <br />� • ' <br />, �>. <br />� ' �.L. <br />� �j r�f <br />�� r <br />I��� �iil �#�� ��� ��f��� �E�������� <br />The levy will casi p�ope�ly owne�s �nnucclly ���rr: �' %6 fa� e►�y $100, 000 of the tcz�able ma�ket value <br />of'a p�ope�ty .str�r�ing in 200%-0$a The cost will decline eve�y yea� as en�ollment declines. <br />���� �� �� ����� �� ��� � � ����� � �� ��� ���} ��� � <br />._ . ..._ --- �---� <br />��'O�?�I�� ��� �11�1 f���# 2006 Proposed Referendum Increase + <br />2006 MEDIAN HOME VALUE* ESTIMATEDTAX INCREASE <br />E <br />. 1 <br />WEEKLY � MONTHLY YEARLY <br />� <br />Arden Hills ������4� $4 $17 $� 99 <br />' Mounds View S 16�,6D� $3 $11 $135 <br />� New Brightnr� ��2�,�U0 $3 $14 $163 � <br />� <br />� <br />North Oaks ��9L�0 $8 $35 $414 <br />Roseville ��1�,90{] $3 $13 $157 <br />Shoreview ��4�,� $3 � $�6 $177 , <br />, i <br />� Vadnais Heights �???,��U $3 • $13 � $161 <br />`" Source = Remsey County I <br />i <br />� <br />��lcul��e it yora�-s���,�' <br />Visit the �evy <br />information web page at: <br />www.moundsviewschools. or� <br />to calculate the projected tax <br />impact of a successful school <br />operating levy. <br />.r.����� <br />� --� <br />�� �� <br />�r �� � � <br />�� � � <br />�, � � <br />' � � <br />':+ � � <br />��ry <br />.�, � � <br />� `xr�`'� r �� <br />