Scott City School Board members approved placing a $1.75 million no-tax increase bond issue on the Nov. 4 ballot during their meeting Wednesday evening.
If voters approve, bond proceeds would go toward constructing and renovating the entrances of the existing school buildings to enhance security, renovate the cafeteria area and complete a few roof repairs, superintendent Diann Ulmer said in an email.
Also, to the extent funds are available, Ulmer said the money would be used to "acquire facilities currently under the Series 2011B lease and issue bonds for the payment of those."
An informational committee of community members formed last school year will likely be expanded and help educate the public about the bond issue, Ulmer said.
On another financial matter, the board approved a $250,000 prepayment on the principal of district bonds paid out of the debt service fund, Ulmer wrote.
"The prepayment allows for our $0.49 debt service levy to remain constant," she said.
The board approved a total tax rate of $3.7732 per $100 of assessed valuation Wednesday. A tax rate hearing was held at 6:15 p.m., before the regular meeting began at 6:30 p.m.
Last year's total tax rate was $3.7759 per $100.
In other business, the board:
* Heard that although Missouri Assessment Program end-of-course exam and annual performance report data are available to the districts, the results can't be released to the public yet. Ulmer said the information was made available to staff earlier this month to help improve instruction. Districts are restricted from releasing the data publicly until Aug. 29.
The annual performance reports show how well each public school and each school district are meeting education standards.
rcampbell@semissourian.com
388-3639
Pertinent address:
3000 Main St., Scott City, MO
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