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SCHOOL DISTRICT 11 - Question No. 1
Shall the increase in the revenue proposed by the board of Anoka-Hennepin Independent School District No. 11 be approved?
Shall the increase in the revenue proposed by the board of Anoka-Hennepin Independent School District No. 11 be approved? The board of Anoka-Hennepin Independent School District No. 11 has proposed to increase its general education revenue by the following amounts: $590 per resident marginal cost pupil unit for taxes payable in 2002; $613.60 for taxes payable in 2003; $638.14 for taxes payable in 2004; $663.67 for taxes payable in 2005; $690.22 for taxes payable in 2006; $717.83 for taxes payable in 2007; $746.54 for taxes payable in 2008; and $776.40 for taxes payable in 2009. The additional revenue will be used to finance school operations and the property tax portion thereof will require an estimated referendum tax rate of approximately .1995% of the referendum market value of the school district for taxes payable in 2002, the first year the new authorization would be levied and of approximately .1687% of the referendum market value of the school district for taxes payable in 2009, the last year the new authorization would be levied. The proposed new referendum revenue authorization would be applicable for eight years unless otherwise revoked or reduced as provided by law.
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