Ganado tax ratification election ends Friday
July 23, 2013 at 2:23 a.m.
Updated July 24, 2013 at 2:24 a.m.
Early voting began Monday in an election that could help the Ganado school district receive $300,000 more from the state.
Early voting ends at 4 p.m. Aug. 2.
The election is Aug. 6.
Superintendent Jeff Black said the tax ratification election, if approved, would help the district maximize state resources to help benefit the students "with no additional effort from taxpayers."
With the addition of the new Gas Separation Plant in Ganado, Black said the district's valuations have increased, which in turn changed the state's formula for how the district's funding is calculated.
"The more resources we get, the more things we can do that we hope and expect would improve instruction," said Black, mentioning that many other school districts in the state have taken advantage of valuation changes.
The proposed measure would increase the general operating tax rate by 13 cents per $100 of assessed valuation. It would also decrease the debt service tax rate by 13 cents to maintain the total tax rate.
Black said the decrease in debt service funds may be supplemented with general operating tax dollars, but debt service funds cannot be used to supplement general operating tax dollars.
If the measure passes, the general operating tax rate would be $1.17 per $100 of assessed valuation, and the debt service would be 3.82 cents per $100 of assessed valuation.
If it does not pass, the general operating tax rate would be $1.04, and the debt service will be 16.82 cents, for a total tax rate of $1.2082 per $100 valuation, which Black said is the lowest rate since the 1990s.
"We don't want to predict the vote, but we're hopeful it will pass," Black said. "Either way, the tax rate will stay the same."
Black said if the measure passes, the board may decide to use the additional money for bus purchases and upgrading the schools' technology, referring to computers and other web tools.