No Property Tax Rate Increase
A key point for Rosebud-Lott ISD voters to understand is that the $25 million bond proposal is not expected to raise the property tax rate.
“It is really important for voters to understand that state law requires that bond ballots include the phrase “THIS IS A PROPERTY TAX INCREASE,” but in this case, the district's tax rate is expected to remain unchanged,” RLISD Superintendent Jim Rosebrock said.
This is because the bond is structured in a way that allows existing revenue sources, including the solar farm contributions, to cover a large portion of the cost without changing the tax rate. Projects included in the bond, such as updating aging infrastructure and expanding career programs, will be funded while keeping the financial impact on local taxpayers low. It’s essential for voters to have all the facts before casting their ballots.
Make sure you’re informed, and don’t forget that early voting starts on October 21!
Town Hall Meetings
Oct. 28 - 6 p.m. - Lott Fire Department - 313 E Gassaway in Lott
Campus Walkthroughs - Rosebud-Lott High School.
Oct. 16 - 6 p.m.
Oct. 30 - 6 p.m.