Capital projects money feat to Cedar Rapids schools voters in Sept – Information Important Internet

The Physical Plant and Equipment Levy assets projects at every edifice antiquity in the district

CEDAR RAPIDS — Renewing a set draft for a top projects money that assets edifice transformation projects module go before Cedar Rapids edifice regularise voters Sept. 10.

The Physical Plant and Equipment Levy money makes doable mountain of projects apiece assemblage at every edifice antiquity in the Cedar Rapids Community School District but needs to be reauthorized by voters every 10 years. Monday, the Cedar Rapids edifice commission voted to okay a partitioning to place the draft on the balloting this fall.

The discourse module communicate voters to study approbatory the peak PPEL of $1.34 for every $1,000 of assessed concept valuation. If the draft is renewed, it would not process the district’s concept set draft evaluate for schools — the draft would exclusive continue. The draft requires a ultimate eld to pass.

Beginning July 1, the set evaluate for homeowners in the Cedar Rapids edifice regularise — which includes the underway PPEL — module be $13.90 per $1,000 of dutiable valuation, a modification of most 83 cents from the underway rate. For a possessor in the regularise with a $200,000 home, the concept set calculate for schools would be $1,288 per year, or $107.33 a month.

“We hit the minimal set evaluate in the county“ compared with another edifice districts, edifice commission President Cindy Garlock said. ”I conceive we are rattling chesty that we crapper have a high-quality activity and be resourceful of our finances. If we restore PPEL, it does not create a set increase. It keeps your taxes as they are.“

In the incoming 10 years, this money — if authorised by voters — is estimated to alter in nearly $146 meg in income to the district. About $19 meg would be spent on installation costs, $86 meg would be spent on period projects and $30 meg would be spent on newborn college and occupation pathways and academies at Kennedy, President and pedagogue broad schools.

The period projects allow turn maintenance, but the super cost is for unheralded repairs to buildings. Other super period expenses allow improvements for country and security, entranceway and pane repairs and replacements, roof replacements, objective bushel and replacement, upgrades to schools’ vaporisation and chilling grouping and country repairs.

If voters do not okay extending the levy, the edifice commission itself crapper draft 33 cents for every $1,000 of assessed appraisal without voters approval.

Before 2014, the voter-supported PPEL remained at 34 cents, compounded with the 33 cents levied by the board. Combined, that generated exclusive most $4 meg a year

The offering feat before voters calls for a evaluate of $1.34, total.

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