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$55 Million, No-Tax Increase Bond Issue on April 6 Ballot
 

The Rockwood School Board voted to place a $55 million, no-tax increase bond issue on the April 6 ballot. The unanimous decision follows months of review and a final recommendation from the 50-member citizen committee that studied the school and facility needs of St. Louis County’s largest school district.

Named Proposition 5, the referendum would not require an increase to the district’s current debt service tax rate of 68 cents per $100 of assessed valuation of real and personal property. 

Prop 5 focuses on five SMART priority areas as identified by the Bond Issue Committee:
• Safety measures and infrastructure
• Maintenance of current facilities
• Additions for classrooms
• Renovations for instructional areas
• Technology infrastructure
The committee includes a parent representative from every Rockwood school, as well as staff and community members.

A four-sevenths (57.14 percent) majority is necessary for passage on April 6. 

View more information on the PROP 5 Web page >>

 

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 Reader Comments

Commenting is intended as a constructive, open forum. All comments will be reviewed before posting to ensure the text is not abusive and follows the comment guidelines established by the Rockwood School District.

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laura kevrick
2/22/2010 8:50 AM
While I understand that taxes would not directly be increased to pay for this bond issue, isn't it true that indirectly taxes can be increased from other areas, to facilitate and shortfall the district may have to pay debt service on this issue? Can the funds to cover this issue come from other sources, which can then effect a tax increase that was previously approved?