THE BOARD OF EDUCATION OF THE COUNTY OF LINCOLN GENERAL ELECTION TO AUTHORIZE RENEWAL OF ADDITIONAL LEVY -

Summary

General Election to authorize renewal of the additional levies for the fiscal years beginning July 1, 2019, July 1, 2020, July 1, 2021, July 1, 2022, and July 1, 2023 for the following purposes and in the approximate amounts set forth as follows: a. To provide for the continuation of the Professional Personnel salary supplement and service personnel salary supplement and to continue to provide for extra days of employment beyond the normal school year of 200 days for designated employees and to continue to provide salary supplements in the form of position pay to designated employees such as coaches, principals, directors, sponsors, supervisors and others in the approximate amount of $1,045,874 annually and for an approximate total of $5,229,370 during the term of this levy; b. To continue to furnish to all students free instructional supplies and equipment, which may include books, both hard copies and electronic versions of the book, 21st Century instructional materials and equipment, as well as provide support of school libraries and related technologies in the approximate total of $400,000 annually and for an approximate total of $2,000,000 during the term of this levy; c. To provide funds according to Senate Bill 20 for Lincoln County Public Libraries in the approximate amount of $98,222 annually and for an approximate total of $491,110 during the term of this levy; d. To continue the payment of a pension to Lincoln County retired employees or the payment of premiums for dental and optical insurance for Lincoln County retired employees, in the approximate amount of $215,000 annually and for an approximate total of $1,075,000 during the term of this levy; e. To provide for maintenance materials and/or equipment, custodial supplies and/or equipment, and defray utility costs in the approximate amount of $500,000 annually and for an approximate total of $2,500,000 during the term of this levy; f. To provide for transportation cost which includes maintenance of vehicles, tools and equipment, and for bus operator salaries for curricular and extracurricular transportation, in the approximate amount of $225,000 annually and for an approximate total of $1,125,000 during the term of this levy; To provide funds for the support of extracurricular activities for students including chorus, the arts, instrumental music, clubs, athletics, cheerleading, and school trips in the approximate amount of $90,000 annually and for an approximate total of $450,000 during the term of this levy; said funds will be allocated $70,000 for grades 6-12 and $20,000 for grades PK-5, divided per student. To provide funds of $300 per teacher for purchase of classroom supplies and equipment in the approximate amount of $80,000 annually and for an approximate total of $400,000 during the term of this levy; To provide funds for employee benefits package that includes dental, optical, and long-term disability insurance in the approximate amount of $277,000 annually and for an approximate total of $1,385,000 during the term of this levy; To provide funds for maintenance, upgrading and supplemental support of county technology programs in the approximate amount of $50,000 annually and for an approximate total of $250,000 during the term of this levy; To provide funds to Lincoln County 4H to support educational programs and activities in the approximate amount of $15,000 annually and for an approximate total of $75,000 during the term of this levy. To provide funds of $250,000 for capital improvements, purchase of property, or payment of debt service for an approximate total of $1,250,000 during the term of this levy. To provide funds for the operation of summer school and after school instructional programs for students including Credit Recovery and After School Programs in the approximate amount of $40,000 annually and for an approximate total of $200,000 during the term of this levy. In the event that additional funds are made available to the Board of Education of the County of Lincoln for any of the aforementioned purposes by some form of matching funds, additional funds, or funds to achieve equity within the State funding formula or federal funds, the amounts herein set forth may be adjusted to best serve the public schools of Lincoln County. These funds may also be used to match State and/or Federal funds. Furthermore, should the amount generated from the levy in any given year deviate from the amount projected, the Lincoln County Board of Education may adjust the amount budgeted and expended in any category listed above to best serve the public schools of Lincoln County. The approximate annual amount to be expended is $3,286,096 and the total amount to be expended during the term of this five year levy is approximately $16,430,480 after consideration of an allowance for uncollectable, exonerated, or delinquent taxes. All according to the order of the Board of Education of the County of Lincoln entered the 7th day of August, 2018. That the additional rate of levy in cents on each class of property is as follows: Class I 22.95 cents per $100.00 assessed valuation Class II 45.90 cents per $100.00 assessed valuation Class III 91.80 cents per $100.00 assessed valuation Class IV 91.80 cents per $100.00 assessed valuation Provided, however that the Lincoln County Board of Education reserves unto itself as the levying body the right and authority to reduce the rates of the excess levy if increased assessments would produce funds beyond projected needs in any year specified in the levy call.