Post by warriorpride on May 20, 2008 20:04:04 GMT -5
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New Custodial Contract:
Same Service for Less Money
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Increased competition drove a highly competitive bid process to determine who would oversee custodial services in the district when the current contract with Aramark expires next month. In the end, Aramark produced the lowest bid at $9.2 million. This is a significant savings over the district's current $9.6 million contract with Aramark. The contract calls for the company to continue providing the same services along with adding eight employees to maintain the district's 3.5 million square feet of building space.
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2007 Tax Levy Recap
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Dave Holm, assistant superintendent of business, recently provide the board of education with an update on monies received from the 2007 property tax levy.
Holm noted that the 2007 tax bills are based on the value of property on January 1, 2007, so the recent housing market slow down was not reflected in the taxes collected. The district anticipates seeing that change reflected with the 2008 levy.
The district's tax rate went down by 17.5 cents from the previous year, coming in at $4.49. The district anticipated a 16 cent decline, so the tax rate actually decreased more than anticipated.
The average tax payer in the district experienced an increase in the school district portion of their tax bill equal to the Consumer Price Index used for the year or 2.5 percent.
When reviewing the taxes allocated to the school district, the key word is average. The amount of taxes charged are based on a home's property assessment, which is based on the value of the house. Property values can vary throughout the district. For every tax bill that is up by more than the 2.5 percent, there are others that are below 2.5 percent. Yet, the overall average across the district is 2.5 percent.
In terms of the Bond and Interest portion of the tax levy, Holm continually tracks the district’s performance against the commitment made during the last referendum. Holm told the board that the district is more than meeting that commitment. The average house valued at $300,000 in 2004 paid $730 in Bond and Interest taxes. That home is now worth $356,000 and paid $595 in Bond and Interest, $135 less than in 2004 and a few dollars less than the $601 target set in during the referendum.
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New Custodial Contract:
Same Service for Less Money
======================
Increased competition drove a highly competitive bid process to determine who would oversee custodial services in the district when the current contract with Aramark expires next month. In the end, Aramark produced the lowest bid at $9.2 million. This is a significant savings over the district's current $9.6 million contract with Aramark. The contract calls for the company to continue providing the same services along with adding eight employees to maintain the district's 3.5 million square feet of building space.
======================
2007 Tax Levy Recap
======================
Dave Holm, assistant superintendent of business, recently provide the board of education with an update on monies received from the 2007 property tax levy.
Holm noted that the 2007 tax bills are based on the value of property on January 1, 2007, so the recent housing market slow down was not reflected in the taxes collected. The district anticipates seeing that change reflected with the 2008 levy.
The district's tax rate went down by 17.5 cents from the previous year, coming in at $4.49. The district anticipated a 16 cent decline, so the tax rate actually decreased more than anticipated.
The average tax payer in the district experienced an increase in the school district portion of their tax bill equal to the Consumer Price Index used for the year or 2.5 percent.
When reviewing the taxes allocated to the school district, the key word is average. The amount of taxes charged are based on a home's property assessment, which is based on the value of the house. Property values can vary throughout the district. For every tax bill that is up by more than the 2.5 percent, there are others that are below 2.5 percent. Yet, the overall average across the district is 2.5 percent.
In terms of the Bond and Interest portion of the tax levy, Holm continually tracks the district’s performance against the commitment made during the last referendum. Holm told the board that the district is more than meeting that commitment. The average house valued at $300,000 in 2004 paid $730 in Bond and Interest taxes. That home is now worth $356,000 and paid $595 in Bond and Interest, $135 less than in 2004 and a few dollars less than the $601 target set in during the referendum.
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