The Fieldcrest referendum steering committee has scheduled 3 public
information meetings regarding the upcoming referendum. In November the
voters will be asked to approve a $0.65 referendum to support the
education fund. The passage of this referendum will generate $609,000
per year and will allow the Fieldcrest Board of Education to restore
elementary physical education and art, expand the high school
curriculum and reduce student participation fees by at least 50%.
Should the referendum not pass the Board has authorized issuing
$1,500,000 in working cash bonds.
Fieldcrest Superintendent, Randy
Vincent stated, “The timing of this referendum could not be better.
Since we are retiring some working cash bonds and have some fund
balances that allow the Board to abate a portion of the tax rate the
voter can vote “yes” and still see the overall tax rate drop by at
least $0.02. What is also unique is that a “no” vote will result in the
same tax rate because the Board will borrow $1,500,000 meaning that
over $325,000 of tax payers dollars will be used to pay interest.
Ultimately a “yes” or “no” vote will result in the same taxes for the
individual voter. Give that scenario why wouldn’t you vote “yes”?”
To
get more information on the referendum please attend one of the
following meetings. Referendum steering committee members, Board
members and administration will be available to answer any questions
you may have.
August 1, 7:00 p.m. – Fieldcrest West Elementary in Toluca
August, 7:00 p.m. – Fieldcrest East Elementary/Fieldcrest Middle School in Wenona
August 15, 7:00 p.m. – Fieldcrest High School in Minonk