| INFORMATIONAL MEETING ON SALES
TAX LEVY
On Tuesday, October 1, an informational meeting regarding
the proposed levy will be held at 7:00 p.m. in the media
center at the secondary building. District residents are
encouraged to attend and learn more about the one-cent local
option sales tax for school infrastructure, and how the
school district would use the proceeds over the ten year
life of the levy.
The Story County Special Election for Local Option Sales
Tax for schools will be held on Tuesday, October 8. The
polls will be open from 7:00 a.m. to 8:00 p.m. As a
countywide election, residents will vote at the precinct
site used for general elections, not the site used for
regular school board elections. Please contact the County
Auditor's office for specific polling sites.
LOCAL OPTION TAX FOR SCHOOLS
In June, the Story County Board of Supervisors approved
the resolution calling for an election in Story County on
the one cent local option sales tax for school
infrastructure. The resolution had previously been approved
by the respective local school boards in the county. The
special election will be held on Tuesday, October 8, 2002.
The tax, if approved, would be for a ten year period
starting July 1, 2003.
It has been estimated that based on Story County retail
sales, the Gilbert School District would receive
$686,417/year, or $6,864,170 over the ten year period. The
funds would be used to help finance the construction of a
middle school. Other infrastructure needs identified by
prior facility committees include construction of an
auditorium and replacement of the industrial
education/agriculture education building at the
junior-senior high school.
The district's architectural firm recently provided
updated budgets for the projects listed above. Those budgets
are as follows:
|
Middle School:
|
Grades 5-8
400 students
75,000 square feet
$8,819,037 |
|
|
| Auditorium: |
500 Seat Facility
14,000 square feet
$2,021,025 |
|
|
| Industrial
Education/Agriculture Education Addition: |
|
4,500 square feet
$514,662 |
Legislation enacting the one cent local option
sales tax for school infrastructure was approved by the Iowa
legislature in 1998. Since that time 24 counties have approved
the levy. Prior to enactment of the local option sales tax
funding for construction of school facilities was limited to
the use of property tax. The addition of the local option
sales tax funding stream has lessened the dependence on
property tax in the counties that have approved the measure.
The Gilbert Community School District's total
tax levy rate is $17.90/1,000 of valuation for the current
fiscal year. The district's levy rate is relatively high when
compared to other districts in the state. That occurs given
the fact that Gilbert is a growing district without a strong
commercial tax base.
Absentee ballots are available for the October
8 election. Post cards requesting an absentee ballot are
available at either the Story County Auditor's office or the
superintendent's office.
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