AnEloy Elementary School District No. 11 Budget Override
ballot question was on the November 5, 2013, election ballot
for voters in Eloy School District No. 11 in Pinal County
, which is in Arizona
It was defeated
| Eloy Elementary School District No. 11 Budget Override Question|
|Yes|| 158|| 41.04%|
- These results are from the Pinal County elections office.
Text of measure
Shall the Governing Board of Eloy Elementary School District No. 11 of Pinal County, Arizona, adopt a General Maintenance and Operation Budget which includes an amount that exceeds the revenue control limit specified by statute by fifteen percent for fiscal year 2014-2015 and for six subsequent years as described below? The 2014-2015 budget override authority represents an extension and increase of the existing budget override authority which is scheduled to phase down by one-third for fiscal year 2015-2016 and another one-third in fiscal year 2016-2017 if the voters do not approve the override.
The amount of the proposed increase of the proposed budget over the alternate budget for fiscal year 2014-2015 is estimated to be $238,113. In fiscal years 2014-2015 through 2018-2019 the amount of the proposed increase will be fifteen percent of the District’s revenue control limit in each of such years, as provided in Section 15-481(P) of the Arizona Revised Statutes. In fiscal years 2019-2020 and 2020-2021 the amount of the proposed increase will be ten percent and five percent, respectively, of the District’s revenue control limit in each of such years, as provided in Section 15-481(P) of the Arizona Revised Statutes.
Any budget increase authorized by this election shall be entirely funded by a levy of taxes upon 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 tax purposes, to fund the proposed increase in the school district's budget would require an estimated tax rate of $3.30 per one hundred dollars of assessed valuation used for secondary property tax purposes and is in addition to the school district's tax rate which will be levied to fund the school district's revenue control limit allowed by law.