What is Proposition C.A.R.E.? Proposition C.A.R.E. is a NO TAX INCREASE bond issue that will utilize the portion of the current tax revenue that is solely designated to repay bonds. The levy will be extended, but not increased. The projects supported by these bonds will help to keep district facilities safe, secure and up-to-date.
Projects include the following areas:
Adding 6 classrooms split between the high school and elementary sides.
LED interior lighting throughout all buildings.
Exterior lighting in parking lots.
New interior doors in the elementary.
Paving of driveways and parking lots.
Renovate the old gym.
Install drainage systems.
Upgrade the baseball field.
New storage shed for equipment.
Below is the official ballot language that will appear on the April 6, 2021, ballot as required by Missouri State law.
Shall the Board of Education of the Silex R-I School District, Missouri, without an estimated increase in the current debt service property tax levy, borrow money in the amount of Five Million Dollars ($5,000,000) for the purpose of providing funds to implement safety and security improvements, including interior and exterior lighting and new interior doors; to construct, equip, and furnish six additional classrooms; the paving of driveways and parking lots; to renovate the old gymnasium; to install new drainage systems; to upgrade the baseball field; to the extent funds are available, complete other repairs and improvements to the existing facilities of the District; and issue general obligation bonds for the payment thereof?
If this proposition is approved, the adjusted debt service levy of the School District is estimated to remain unchanged at $0.9629 per one hundred dollars of assessed valuation of real and personal property.
This is a NO-TAX-INCREASE bond issue. Therefore, voters will see no impact on the current tax rate ($4.22) from the School District.
Due to the fiscal responsibility of the Board of Education and partnership with our bond underwriter, the District has been able to take advantage of low interest rates as we re-structure and repay the debt of the District. With the pre-payment of bonds, the District has been able to SAVE taxpayers in excess of 14 million dollars since 1997.
Any questions may be directed to Superintendent Rod Hamlett at firstname.lastname@example.org
Tomorrow is election day! Please remember to go vote. The polls are open on Tuesday from 6:00 a.m. to 7:00 p.m. You can also go to the courthouse in Troy today until 5:00 p.m. Thank you!