What is RS Vision 2025?
Official Ballot Wording
Shall Reeds Spring R-IV School District issue its general obligation bonds in the amount of $40,000,000 for the purpose of acquiring, constructing, improving, repairing, renovating, furnishing and equipping school facilities, including renovating and improving the Primary School and Early Education Center, constructing a new Career Center, extracurricular facilities and a playground area, upgrading playgrounds at the Primary School, Elementary School and Intermediate School, and purchasing school buses?
If this question is approved, the District’s debt service property tax levy is estimated to remain unchanged at $0.7758 per one hundred dollars of assessed valuation of real and personal property.
New Career Center
Early Childhood Renovation and Expansion
What is a No-Tax Increase Bond Issue?
Bond issues are financing tools used by school districts to pay for capital projects, such as new buildings, renovations, or land purchases. The district obtains bids and sells bonds to the purchaser who offers the lowest interest rate. The district uses the funds to complete the capital projects and pays back the debt over time.
Current Debt Service
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