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Linn-Mar, Marion voters choose to extend fund until 2035
Benton Community School District voters on Tuesday approved the creation of a new fund to pay for safety and security enhancements, heating and cooling upgrades, classroom renovations and outdoor infrastructure improvements.
The fund will be called the “Physical Plant and Equipment Levy” and will generate more than $1 million in annual revenue.
Unofficial results show voters approved the new PPEL fund by a narrow margin. A total of 1,515 votes were cast in Benton and Iowa counties. Of these, 833 people voted in favor, giving it 54.9% support. Passage of the bill required a simple majority of 50% or more.
The creation of the fund comes a year after a multimillion-dollar bond referendum in the district was defeated.
The district previously had a voter-approved PPEL, which expired in 2010. It was used to improve the district’s facilities and transportation.
“At that time, our district was fiscally responsible to taxpayers and there were no major projects planned at that time, so the district let the deadline expire,” Bischke told the Gazette last month.
Benton Community’s PPEL is set at a tax rate of $1.34 per $1,000 of taxable property value through 2035. However, the imposition of property taxes is estimated to increase the overall tax rate by 74 cents per $1,000 of taxable value.
For a $200,000 home, the district’s estimated increase in school property taxes is $65 per year, or a total of $966 per year for all school taxes.
Linn-Mar, Marion PPEL vote passed.
Linmar and Marion school districts also asked voters Tuesday to consider extending the physical facilities tax for another 10 years.
Voters in both districts overwhelmingly supported the levy extension.
In Linn-Mar district, 74.8% of 2,842 votes were in favor of extending the levy.
In Marion, voters approved the measure by 79.7 percent. A total of 645 votes were cast.
Both school districts have had the funds in place for more than a decade. His PPEL in Linmar and Marion will extend to 2035 at his current tax rate of $1.34 per $1,000 of taxable property value.
The Gazette’s Grace King contributed to this report.
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