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SCHOOL DISTRICT QUESTION 1 (ISD #192)
Revoking Existing Referendum Revenue Authorization;
Approving New Authorizations
The board of Independent School District No. 192 (Farmington), Minnesota has proposed to revoke the School District’s existing referendum revenue authorization of $677 per pupil and replace that authorization with new authorizations in the following amounts:
• $1,239.92 per pupil for taxes payable in 2024 subject to an annual increase at the rate of inflation for taxes payable in 2025 and 2026; and
• an additional $562.95 per pupil for taxes payable in 2027 subject to an annual increase at the rate of inflation starting with taxes payable in 2028.
The School District’s actual referendum revenue authorizations for any year shall not exceed the statutory maximum for that year. The proposed new referendum revenue authorizations, as adjusted, would be applicable for a total of ten (10) years unless revoked or reduced as provided by law.
Shall the revocation of the existing referendum authorization and the replacement with the new authorizations proposed by the board of Independent School District No. 192 (Farmington), Minnesota be approved?
PASSAGE OF THIS REFERENDUM WILL RESULT IN AN INCREASE IN YOUR PROPERTY TAXES
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