Spark/FIRE Room, Multipurpose Room/Gym, Locker Rooms, & Commons
December 7, 2022
On Tuesday, December 6th, the IKM-Manning School Board held a Public Hearing and Special Board Meeting on the $7,900,000 proposed Sales Tax Revenue Bond. After hearing public comments, the board approved the resolution to support the measure.
The proposed project would provide a multi-purpose room/gym, new boys and girls locker rooms, and additional classrooms including a larger classroom to accommodate our FIRE and Spark program. The FIRE and Spark programs continue to grow and flourish providing hands-on and real-life experience for our students. Also included in the addition is a collaboration space for our students and teachers.
The next step in the process is to wait 14 days. During this time, the electors may petition the question of issuing the sales tax bonds to be submitted to the voters. To petition the project, district voters would need to file a petition with 452 signatures. The petition paperwork must be turned into Mallory Meyer, Board Secretary, by 5:00 pm on December 20, 2022. In the event a timely, valid petition is filed with the Board Secretary, the President will call a meeting of the Board to consider withdrawing the proposed Bond issuance or directing that question of the proposed Bond issuance be submitted to the qualified electors of the School District at a Special Election where the measure would need to pass by a simple majority (50%+1).
This project would not affect taxpayers or increase property taxes. The funds to pay for the project come from the statewide penny sales tax that all Iowans pay when making purchases across the state. When borrowing against SAVE, districts are able to leverage up to 1.25x coverage on current revenues (which equates to 78%). This will still allow the IKM-Manning District o have funds for technology, buses, and other allowable expenses that are covered by the Revenue Purpose Statement. The Physical Plant and Equipment Levy (PPEL) will be used for maintenance and repairs that are necessary.
This particular project has been discussed for a number of years as a solution for the lack of classroom and activity space for our students. The Board and district leaders have been thinking outside the box to find ways to make improvements while not affecting the patrons' taxes.
The District understands that there are different opinions and thoughts on what the priorities should be for the district. The board was unanimous in moving forward with this project.
If any patrons have questions about this project, please call 712-655-3781 or email firstname.lastname@example.org.