What is Proposition 1?
Fort Zumwalt Proposition 1 is a $90 million no-tax-levy-increase bond issue on the Nov. 3 ballot.
It requires 57% approval to pass.
What happens if Proposition 1 passes?
If Prop 1 passes, voters give FZSD permission to borrow $90 million for capital improvements.
By law this money cannot be used for other purposes.
If Prop 1 passes, FZSD would focus facilities maintenance and improvement projects in the following priority areas:
Security enhancements such as continued construction of storm shelters at our elementary schools, continued fortification of entry vestibules, the addition of classroom phones, an emergency notification system for faculty and staff and upgraded interior classroom door locks
Upgrading elementary school playground equipment and surfaces so they are safe and accessible for all
Technology infrastructure maintenance and upgrades and building security camera upgrades
Continued upkeep, replacements, and enhancements of fine arts and athletics facilities, including equipment
Other maintenance, upgrades and repairs such as roofing, parking lots, HVAC and interior repairs and renovations as outlined in the needs assessment to ensure our facilities remain safe, welcoming environments
If Prop 1 passes, the FZSD debt service tax levy remains the same - 65¢ per $100 of assessed valuation.
If Prop 1 passes, FZSD’s length of indebtedness remains the same -set to expire in 16 years (2042).
What will Fort Zumwalt do without permission to borrow?
Without permission to borrow funds:
FZSD will be required to forgo enhancements and upgrades.
FZSD could be required to pause maintenance and repairs on our facilities
FZSD could face more expensive maintenance and repair costs due to delays
FZSD will be unable to return to the voters for two years (November, 2028) under state law regarding school district elections that only apply in St. Charles County (See Senate Bill 1002)