This is one of many questions concerning the Taylor School District School Improvement Bond, which will appear on the November ballot. The proposal is for 0.96 mills annually for five years, beginning this school year.
What are
the specifics of the bond?
The
proposal on the November 8 ballot targeted 0.96 mills for very specific
reasons. The
district, working in conjunction with Mayor Rick Sollars and the City of
Taylor, took the opportunity to ask voters to consider a school improvement
bond with a rate of 0.96 mills.
This
rate was chosen specifically to match an expired city of Taylor millage levy to
ensure that this school improvement bond, if approved, would have a net zero
impact on residents' tax bills.
The
former 20-year bond levy, which expired in August 2015, targeted purchase and
renovation of large sites in the southwest corner of the community.
Funds
from this school bond, if approved, would generate approximately $1.19 million
per year for the next five years.
These
funds are specifically targeted to support the purchase of new school
buses, repair and upgrade school buildings, and purchase instructional
technology.