At is regular meeting Monday, the Estherville Lincoln Central School Board moved ahead with putting a resolution on the fall school board ballot to ask voters to increase the Physical Plant and Equipment Levy rate from the current voter-approved PPEL rate of $1 to the maximum voter approved rate of $1.34.
ELC superintendent Tara Paul told the board that due to current legislation passed at the Iowa statehouse this year, the property taxes will impact the school district's PPEL funding in upcoming years.
PPEL funds are used for purchase and improvement of grounds, construction, leasing and equipment (including buses) or technology. PPEL monies cannot be used for salaries.
The school board may annually certify a regular PPEL rate up to 33 cents per $1,000 of assessed valuation. Voters may authorize a voted PPEL for a period not exceeding 10 years and in an amount not exceeding a mil levy of $1.34.
If voters do not approve the increased levy this fall, the $1 levy will remain in effect until it comes before voters again in 2017.
In other business, the school board approved a revenue purpose resolution. The resolution is necessary to solidify the school district's use of the statewide one-cent sales tax revenue through the year 2029.
Paul told the board that the school district risks having the state determine how the money can be used when its current statement sunsets.
With the board's approval, the revenue purpose statement also will be on the school election ballot this fall.
The ballot question says any revenue from the tax will be expended for any statutorily authorized purpose for school infrastructure, property tax relief and/or the issuance of bonds.