Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Saturday, 20 September 2014
Login |  Register 
 
Find Products or Services in your local community
 
KSCB Radio News US National Business Health & Science Political World Sports Top NPR Headlines Sports
State Aid Increase Lowers Property Tax Request For Bond
04/04/2014

• L&T?staff report

With only four days to go before the bond election, and advance voting already taking place for more than a week, a change in the state formula for bond matching announced today will lower the request from property taxes should the bond be successful.

According to the Kansas State Department of Education, USD No. 480 will receive 54 percent support from the state rather than 49 percent. That means the property tax request to fund 29 percent of the project dropped to 24 percent.

Using a home of $100,000 as a guide, the original request for $9.49 per month will decrease to $7.57 per month, a 20-percent decrease in the amount needed to fund the bond proposal.

The new numbers were well received at central office.

“It will cost even less than I even thought,” superintendent Paul Larkin said. “It makes me very proud and fortunate of where we are at with our financing. It will be even less of a burden to the property owners.”

The district has been discussing the bond with the public, as has the Citizens for Responsible Growth, and sharing that 71 percent of the project would be funded by the state and sales tax with 29 percent from the property owners.

While the new numbers are considered estimates until June, the numbers rarely change.

With the new data, 76 percent of the project will be funded by sources other than property tax.

“Overall, I felt like we had good support,” Larkin said. “This is even better for them. Less is better in this case.”

The project will still provide five new schools, renovate Cottonwood and Sunflower to become K-5 facilities, and upgrade Liberal High School to allow West Middle School’s building to become an annex. The cost remains the same at $127.8 million.

But the property tax, originally set to fund 29 percent of the total now drops to $30.6 million or about $6 million less than before the state aid increased.

“We always knew this was a possibility but we had to provide the most conservative estimates to the public,” Citizens for Responsible Growth said in a release. “This shows that we can upgrade our school system in a responsible way for even less of a burden on our property owners. We believed 29 percent was a great deal, and now it is 24 percent. But we only get the 76 percent support from the state and sales tax if we approve the bond and the sales tax. While voting yes, yes is an even better deal for taxpayers, a no vote still results in 100 percent of the burden to fix overcrowding falling on property owners.”

The vote will take place from 7 a.m. to 7 p.m. Tuesday at the Seward County Activity Center. Free coffee and cookies will be provided to those with an ‘I Voted’ sticker. The City buses will also be providing fare free rides that day, and the Activity Center will be a stop so transportation is available.

Advance voting will also take place from 9 a.m. to 2 p.m. Saturday and 8 a.m. to noon Monday at the Seward County?Administration Building.

© Leader and Times/www.leaderandtimes.com
You will need to be logged in to leave a comment.
Please Login

characters left

The posting of advertisements, profanity, or personal attacks is prohibited.
Click here to review our Terms of Use.



MOST VIEWED STORIES
Cimarron Man Injured In Vehicle Pursuit
Friday's Scores
Meade County Crash Injures Fowler Man
Oklahoma Releases A-F Report Cards For Schools
Redskins Win Turnover Tussle in Guymon
Kismet Fire Station To Be Discussed At Special Meeting
Feds Allow Kansas To Withold Test Results
KU Students To Offer Free Flu Shots In Southwest Kansas Saturday
Hooker OK Native To Be Honored With Memorial In Italy
UPDATE: Taylor's Name To Be Removed/Officials Wait For Ruling In Senate Race
Click Here For All Stories

LATEST STORIES
Redskin Rally Falls Short in Hays
Friday's Scores
Saints Win Wild One but Fall to Ranked Team in Scottsbluff
Meade State Park Home To Car Show
Friday's Games
Middle School Scores
Hooker OK Native To Be Honored With Memorial In Italy
Redskins Bounce Back with Win Over Garden City
LHS Spikers Out-Dual Dodge City
Liberal's Slatten Wins Hays Meet
Click Here For All Stories
Click Here for KSCB Talk Radio 1270 am
Click Here for B107.5
Click Here for The Legend 102.7
click Here for ozzBlog
Click Here for the Kansas Lottery

©2014 Seward County Broadcasting Company, Inc.
1410 N. Western Ave. Liberal, KS 67901

Emergency Alert System | EEO Public Report Form | The Public and Broadcasting

Powered by Radio Media Group