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WHITE RIVER SCHOOL DISTRICT NO. 416 Proposition No. 1

Replacement Educational Programs and Operations LevyThe Board of Directors of White River School District No. 416 adopted Resolution No. 17-33 concerning a replacement educational programs and operations levy. If approved, Proposition No. 1 will authorize the District to levy the following excess taxes, replacing an expiring levy, on all taxable property within the District, to continue high quality academic programs that are eligible activities and not state funded:Collection Year Estimated Levy Rate/$1,000 Assessed ValueAmount2019 $1.50 $4,750,000 2020 $1.50 $5,100,000 2021 $1.50$5,500,0002022 $1.50 $6,000,000all as provided in Resolution No. 17-33, subject to legal limits on levy amounts and rates at the time of levy.Explanatory StatementPassage of Proposition No. 1 would replace an expiring levy and allow the levy of $4,750,000 in property taxes within White River School District No. 416 for collection in 2019, the levy of $5,100,000 for collection in 2020, the levy of $5,500,000 for collection in 2021 and the levy of $6,000,000 for collection in 2022. In accordance with Resolution No. 17-33 approving this proposition, these taxes would be deposited in the White River School District’s General Fund to pay part of the general expenses of operating the District. These funds help to pay for costs associated with music, drama and art programs, student activities and athletics, school counselors and it supplements the costs related to special education, transportation and food service. The levy also provides dollars for instructional materials, campus security and staff costs beyond state funding allocation. If authorized by the voters, and based on projected assessed valuation information, the estimated levy rate per $1,000 of assessed value would be no greater than $1.50 for collection in the years 2019 and 2022, inclusive.
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