Understanding Propositions F and S: Bond vs. Levy
On the April ballot, voters in the Farmington R-7 School District will decide on Proposition F and Proposition S. Each serves a distinct purpose, and understanding the difference between a bond and a levy is key to making informed decisions.
Proposition F: The Bond
Bonds are used to fund building projects and infrastructure improvements. In this case, Proposition F is a zero-tax rate change bond that extends the district's current debt service levy of $0.90 per $100 of assessed valuation. The funds will be used for:
Adding classrooms at Farmington High School
Renovating and preserving the historic Washington-Franklin Elementary School, including upgrades to electrical systems, interior and exterior finishes, and maximizing available space.
Constructing a new performing arts center that will also serve as a storm shelter for high school students and staff.
Expanding and renovating district facilities, such as classrooms and HVAC upgrades.
Developing an athletic complex at Farmington Middle School, including a track and field facility, will reduce the need to transport students off-campus for activities.
Classrooms and a storm shelter at Farmington Middle School will be added.
Improving parking, traffic flow, and safety measures across the district.
Updating technology and purchasing new buses
An easy way to remember is: Bonds are for Building
Proposition S: The Levy
Levies support the district's operating expenses, which include paying staff, maintaining programs, and covering day-to-day costs. Proposition S proposes a $0.40 increase to the operating tax levy from $2.75 to $3.15 per $100 of assessed valuation. These funds would be directed toward:
Increasing teacher and staff salaries.
Recruiting and retaining staff.
Maintaining and expanding educational programs.
Addressing rising operational costs
To summarize: Levies are for Learning.
Key Differences
Proposition F (Bond): Funds one-time projects like construction and renovations. It does not increase taxes but extends the current levy.
Proposition S (Levy): Provides ongoing funding for operational needs, requiring a tax increase
Both measures aim to support the district's growth and sustainability, addressing different areas of need within the Farmington R-7 School District. We will provide many opportunities for the community to learn more about Propositions F and S in the coming months.
Paid for by the Farmington R-7 School District, Dr. Kyle Gibbs, Superintendent, 510 South Franklin, Farmington, MO 63640.