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Burlington-Edison SD Proposition 1

The Board of Directors of Burlington-Edison School District No. 100 adopted Resolution No. 832 authorizing a supplemental levy for education. This proposition would fund district educational programs and school operations, and authorizes the following tax levy, in addition to the levies approved by the voters in the February 2016 election, on all taxable property within the District: Collection Year Approximate Levy Rate / $1000 Assessed Value Levy Amount 2018 $0.74 $2,400,000 Explanatory StatementPassage of Proposition No. 1 would allow a one year only supplemental levy of $2,400,000 in property taxes within Burlington-Edison School District No. 100 for collection in 2018, in addition to and not in replacement of the levies authorized by the voters in the February 2016 election, to support the District’s educational programs and operations. In accordance with Resolution No. 832 approving this proposition, this supplemental tax would be collected in 2018 and deposited in the District’s General Fund to pay part of the educational programs and operations support of the District. If authorized by the voters, and based on projected assessed valuation information, estimated levy rate per $1,000 of assessed value would be $0.74 (2018 collection). The exact levy rate shall be adjusted based upon the actual assessed value of the property within the District at the time of the levy.
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