Focused on Fiscal Responsibility

What will the referendum cost me?

Approval of both referendum questions would result in an annual estimated tax increase of $115.00 per year (OR $9.58 per month) for every $100,000 of property value over the current tax rate for debt. The two referendum questions break out as follows:

Question 1: Approval of this question would result in an annual estimated tax increase of $85 per year (OR $7.08 per month) for every $100,000 of property value.
Question 2: Approval of this question would result in an annual estimated tax increase of $30 per year (OR $2.50 per month) for every $100,000 of property value.

If both questions are approved, the District could address priority maintenance needs and protect our taxpayers’ investment for years to come.

Spring Valley is not alone or unusual. Across Wisconsin, School Districts have billions of dollars in deferred maintenance needs, growing at a rate of 5-7% annually. And, while our buildings were built to last, if the referendum is not approved our School Board will have to review options to meet these needs since they cannot be addressed within current annual budgets. If left unaddressed, the needs will only get worse and lead to costly repairs, so doing the work sooner rather than later will save our taxpayers money.