Review Agenda Item
Meeting Date: 1/13/2022 - 6:30 PM
Category: Action Items
Type: Action
Subject: 6.5 Adopt Resolution Calling an Election in the Park Hill School District of Platte County, Missouri (Bond Issue)
Strategic Plan 2018-2023:
Vision
Building Successful Futures - Each Student - Every Day
Policy: BBB - School Board Elections
Provide Name(s) of Attachments
File Attachment:
Park Hill School District Tax Levy History.pdf
2022 Bond Program Project List (December, 2021).pdf
PHSD Resolution Calling For Election (April, 2022) b.pdf
SIGNED PHSD Resolution Calling For Election for April 5, 2022 (BOE 1-13-2021).pdf
Provide Background Details and Rationale: It is recommended the Park Hill Board of Education adopt a Resolution Calling an Election on April 5, 2022, in the Park Hill School District of Platte County, Missouri, on two propositions:

PROPOSITION I

Shall the Park Hill School District of Platte County, Missouri, issue its general obligation bonds in the amount of $137 million for the purpose of constructing, acquiring, improving, renovating, furnishing and equipping new and existing school facilities including but not limited to the construction of an elementary school and acquiring land?

If this proposition is approved, the debt service property tax levy of the school district is estimated to not exceed the current debt service levy of $0.9909 per one hundred dollars of assessed valuation of real and personal property.


PROPOSITION N

Shall the Park Hill School District of Platte County, Missouri, be authorized to increase the operating property tax levy ceiling to $4.9907 per one hundred dollars of assessed valuation according to the 2021 assessment for the purpose of paying general operating expenses, such as operating, maintaining, and staffing school facilities?

If this proposition is approved, the adjusted operating property tax levy of the school district is expected to increase by $0.2700 from $4.4046 to $4.6746 per one hundred dollars of assessed valuation; however, the estimated overall District adjusted property tax levy is expected to remain unchanged at $5.3955 per one hundred dollars of assessed valuation as a result of an expected corresponding reduction to its debt service property tax levy.
Provide Funding Source and Estimated Cost: Election costs are included in the district's 2021-2022 Annual Budget and budgeted with the costs anticipated for Board Member election occurring on same date/ballot.
Legal References
Name of Persons(s) Submitting Agenda Item with Title Dr. Paul Kelly, Assistant Superintendent for Business & Technology
Presenter(s) if Presentation Anticipated Dr. Jeanette Cowherd, Superintendent of Schools
Recommendation: It is recommended the Park Hill Board of Education adopt a Resolution Calling an Election on April 5, 2022, in the Park Hill School District of Platte County, Missouri, on two propositions as presented.
Approvals:
Recommended By:
Signed By:
Dr. Paul Kelly - Assistant Superintendent - Business & Technology
Signed By:
Dr. Jeanette Cowherd - Superintendent
Vote Results:

Original Motion
Member Todd Fane Moved, Member Kimberlee Ried seconded to approve the Original motion 'It is recommended the Park Hill Board of Education adopt a Resolution Calling an Election on April 5, 2022, in the Park Hill School District of Platte County, Missouri, on two propositions as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
Todd Fane     Yes
Janice Bolin     Yes
Susan Newburger     Yes
Bart Klein     Yes
Scott Monsees     Yes
Kimberlee Ried     Yes
Brandy Woodley     Yes