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recordgleaner_20260325_trg-2026-03-25-0-006_art_4.xml

recordgleaner_20260325_trg-2026-03-25-0-006_art_4.xml
INVESTING IN GRANTON’S FUTURE Operational Referendum On the Ballot: Tuesday, April 7, 2026 This April, our community will vote on an operational referendum for the Granton Area School District. If this measure is approved by a simple majority, GASD will have the authority to exceed its statemandated revenue limit by $1.25 million per year through the end of the 2030-31 school year. Current financial projections show our district facing a 2026-27 budget deficit of $820,574, with the annual deficit expected to grow to more than $4.48 million through 2030-31. An approved operational referendum will allow GASD to: Ensure students and staff have the instructional materials and resources they need Maintain academic programs and extracurricular activities Collaborate with neighboring districts to offer more options Address general maintenance needs and building upkeep Upgrade computers and other technology Replenish the general fund PROPERTY TAX IMPACT GASD’s current mill rate is $4.44 per $1,000 of assessed property value. An approved operational referendum would raise the mill rate to $10.05 for the 2026-27 school year. This would equate to approximately $561 for every $100,000 of assessed value in the first year (estimated by Baird). The School Board has lowered the mill rate by more than 58% since 2019. With an approved referendum, the proposed peak mill rate of $10.05 would still be lower than the rate paid by property owners in 2020 ($10.23). Learn more about the operational referendum: www.grantonreferendum.org
recordgleaner_20260325_trg-2026-03-25-0-006_art_4.xml
INVESTING IN GRANTON’S FUTURE Operational Referendum On the Ballot: Tuesday, April 7, 2026 This April, our community will vote on an operational referendum for the Granton Area School District. If this measure is approved by a simple majority, GASD will have the authority to exceed its statemandated revenue limit by $1.25 million per year through the end of the 2030-31 school year. Current financial projections show our district facing a 2026-27 budget deficit of $820,574, with the annual deficit expected to grow to more than $4.48 million through 2030-31. An approved operational referendum will allow GASD to: Ensure students and staff have the instructional materials and resources they need Maintain academic programs and extracurricular activities Collaborate with neighboring districts to offer more options Address general maintenance needs and building upkeep Upgrade computers and other technology Replenish the general fund PROPERTY TAX IMPACT GASD’s current mill rate is $4.44 per $1,000 of assessed property value. An approved operational referendum would raise the mill rate to $10.05 for the 2026-27 school year. This would equate to approximately $561 for every $100,000 of assessed value in the first year (estimated by Baird). The School Board has lowered the mill rate by more than 58% since 2019. With an approved referendum, the proposed peak mill rate of $10.05 would still be lower than the rate paid by property owners in 2020 ($10.23). Learn more about the operational referendum: www.grantonreferendum.org
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