Please Don't Sign
A committee has filed to start a petition to recall the "recallable nickel" tax for elementary renovation and cafeteria construction. In addition to the regular school tax, the 6.4 cents on a property valued at $100,000 is $64 a year. This nickel will generate about 1.4 million dollars in bonding to do phase 1 of the elementary school project.
The General Assembly has equalized the funds for every district that has passed the nickel. This will generate about 2 million dollars for phase 2 of the project.
Three things can happen:
1. Not enough signatures during the waiting period and the project moves forward,
2. The school board pays for an election, the nickel wins, the project is delayed about a year
3. The school board pays for an elections, nickel fails, school board pays to refund the tax, elementary school building continues to deteroriate
I encourage you to not sign a petition if asked. To remove your name by Friday, the county court clerk needs a written statement from you to not count your signature. Based on costs in other counties for a special election, the school board will pay about $15,000 to have one conducted for the construction tax.