Vote Yes! New Decorah Elementary School

Vote Yes! The first election on Tuesday, September 10, will feature two important ballot measures:

First, voters will decide whether to renew the district’s Revenue Purpose Statement until 2051. This statement directs how the DCSD can allocate funds received from the state through the Secure an Advanced Vision for Education (SAVE) fund.

Second, voters will consider allowing an increase in the DCSD’s debt service levy limit from $2.70 to $4.05 per $1,000 of taxable property value. The proposed $38 million elementary project will require a debt service levy of $3.56. Currently, the debt service levy is set at $2.70, which is being used to pay off the high school renovations completed in 2010. With the final payment for that project scheduled for June 2025, the existing $2.70 levy will become available to help fund the new project. To reach the necessary $3.56 debt service levy, only an $0.86 increase per $1,000 of taxable property value would be needed.

For example, someone with an Assessed Property Value of $250,000.00 has an Annual Tax Impact of $95.47 per year. That is $ 7.96 per month!

http://decorahcsdfuture.org