Revenue Purpose Statement

  • The North Polk Board of Education is calling for an election on November 5, 2019, to ask the community to consider the approval of an updated Revenue Purpose Statement which outlines how the district utilizes Secure an Advanced Vision of Education (SAVE) funds. More commonly referred to as the penny sales tax, SAVE funds are utilized by districts to specifically support school infrastructure and technology needs. If voters approve the Revenue Purpose Statement in November, North Polk will continue to be able to spend SAVE funds as Iowa law allows for the duration of the penny sales tax. 

  • What is a Revenue Purpose Statement?

    Posted by:

    It is a ballot measure that describes how school districts can spend penny sales tax / SAVE funds that the State of Iowa has dedicated to public schools. 

     

    Comments (-1)
  • Why is it important now?

    Posted by:

    North Polk’s current Revenue Purpose Statement will expire in 2031. The district is seeking voter approval of a new Revenue Purpose Statement that would extend for the duration of the penny sales tax / SAVE which is allowed by Iowa law through the year 2051.   

     

    Comments (-1)
  • Will this raise taxes?

    Posted by:

    No, this will not raise taxes. Approving the Revenue Purpose Statement will allow the district to access future SAVE funds, but it will not change the current sales tax rate. The penny sales tax that funds SAVE will be collected across the state regardless of whether or not this measure is approved. This vote is in regards to how the district utilizes these funds. 

     

    Comments (-1)
  • What have SAVE Funds been used for in the district?

    Posted by:

    The SAVE Fund has funded many key infrastructure and technology projects in the district, including: 

    • Construction of North Polk High School, in conjunction with general obligation bonds
    • Renovations and additions at North Polk Middle School and West Elementary, in conjunction with general obligation bonds and PPEL note
    • Technology infrastructure improvements, as well as student and staff technology devices
    • Construction of the outdoor activities facility and tennis courts
    • Addition of a wastewater treatment facility for Alleman campus
    • Roof repairs to school facilities

     

    Comments (-1)
  • What does the proposed new Revenue Purpose Statement say?

    Posted by:

    The Revenue Purpose Statement specifies the use of revenues North Polk will receive from the State of Iowa Secure an Advanced Vision for Education (SAVE) Fund. 

    Full ballot language can be found here.

    In short, highlights of the Revenue Purpose Statement include funds to: 

    • Build and furnish a new school building or buildings
    • Remodel, reconstruct, repair, expand, and improve school buildings
    • Acquire or install information technology infrastructure, school safety, and security infrastructure
    • And more!  

     

    Comments (-1)
  • When will the Revenue Purpose Statement vote be held?

    Posted by:

    The election is set for November 5, 2019. A simple majority (50% + 1) is needed for the Revenue Purpose Statement to pass. 

     

    Comments (-1)
  • How can I learn more?

    Posted by:

    If you have a question about the Revenue Purpose Statement or vote on November 5, 2019, please contact the North Polk Administration Office at 515-984-3400. 

     

    Comments (-1)