Proposition I: Operating Tax Levy
An operating tax levy is a levy for learning. It helps fund day-to-day operations within our schools, which may include teachers, classroom supplies, paraprofessional classroom support, science kits and other instructional materials, utility bills, building custodians, and central office functions such as staff development, assessment, payroll, and student registration.
Prop I will increase revenue by approximately $1.4 million, allowing the district to retain its current number of teachers, protect programs and class sizes, eliminate deficit spending, protect transportation to and from school, and secure property values for district residents.
By law, Proposition I must appear on the ballot in the following form:
For the purpose of attracting and retaining quality teachers and staff, protecting programs and class sizes, and eliminating deficit spending, shall the Board of Education of the Affton 101 School District, St. Louis County, Missouri be authorized to increase the operating tax levy ceiling of the District by $0.38 per $100 of assessed valuation? If this proposition is approved, the adjusted operating levy of the District per one hundred dollars of assessed valuation is estimated to be $5.7480 for residential real property, $5.9972 for commercial real property and $5.8931 for personal property.
Proposition N: Bond Issue
Simply put, a bond is much like a personal home loan, and is a way for government entities, such as school districts, to borrow money for large projects and repay them with future tax proceeds. An individual generally approaches a financial institution for a mortgage because they don’t have the means to pay for their home with one large initial payment. Affton School District doesn’t have the ability to pay for $25 million worth of projects either, so it approaches voters asking them to consider a proposed bond by holding what is known as a “bond election.”
Prop N will restructure existing capital lease debt, adding $1.6 million to the district’s general operating fund, and provide $10-12 million to continue capital improvements to district schools and learning spaces. Projects were prioritized by the district’s Buildings and Grounds Committee following a year-long facilities audit. The plans will:
- Renovate classrooms to 21st Century standards throughout the district,
- Improve safety and security in every building throughout the district,
- Implement Capital Improvement Plan renovations at Gotsch Intermediate, to include a secure entry, a new gymnasium and eight new classrooms, ADA improvements, and cafeteria renovation,
- Implement Capital Improvement Plan renovations at Rogers Middle School, to include a secure entry, two new classrooms, ADA improvements, and
- Implement Capital Improvement Plan renovations at Affton High School, to include locker room restoration and renovation.
By law, Proposition N must appear on the ballot in the following form:
For the purpose of (a) acquiring, constructing, improving, renovating, repairing, furnishing and equipping school sites, buildings and related facilities for school purposes, including safety and security upgrades and classroom renovations and (b) refinancing leasehold obligations, shall the Affton 101 School District, St. Louis County, Missouri issue its general obligation bonds in the amount of $25,000,000? If this proposition is approved, the adjusted debt service levy of the school district is estimated to increase $0.49 per $100 of assessed valuation of real and personal property from $0.00 to $0.49 per $100 of assessed valuation of real and personal property.