Altar Valley Elementary School District No. 51 Budget Override Continuation, Proposition 408 (November 2013)
- These final, certified results are from the Pima County elections office.
Text of measure
Shall the Governing Board of Altar Valley Elementary School District No. 51 of Pima County, Arizona, adopt a Maintenance and Operations budget which allows the school district to exceed the applicable revenue control limit specified by law in the amount of not more than ten percent (10%) for the 2014-2015 fiscal year and the next six fiscal years thereafter? The 2014-2015 budget override authority represents an extension of the existing 10% budget override authority which is scheduled to phase down by one-third for fiscal year 2014-2015 if the voters do not approve the continuation.
The amount of the proposed increase of the proposed budget over the alternate budget for fiscal year 2014-2015, is estimated to be $442,669. In fiscal year 2014-2015 through 2018-2019, the amount of the proposed increase will be ten percent of the District’s revenue control limit as provided in Section 15-481(P) of Arizona Revised Statutes. In fiscal years 2019-2020 and 2020-2021 the amount of the proposed increase will be six and two-thirds and three and one-third percent, respectively, of the District’s revenue control limit in each of such years, as provided in Section 15-481(P) of Arizona Revised Statutes.
Any budget increase continuation authorized by this election shall be entirely funded by a levy of taxes on the taxable property within this school district for the year for which adopted and for six subsequent years, shall not be realized from monies furnished by the state and shall not be subject to the limitation on taxes specified in Article IX, Section 18, Constitution of Arizona. Based on the current assessed valuation used for secondary property taxes purposes, to fund the proposed continuation of the increase in the school district’s budget would require an estimated continuation of a tax rate of $1.41 dollars per one hundred dollars of assessed valuation used for secondary property tax purposes and is in addition to the school district’s tax rate that will be levied to fund the school district’s revenue control limited allowed by law.
BUDGET OVERRIDE CONTINUATION, YES
- Pima County ballot measure list for November 5, 2013 election
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.