Continuation of 10% Maintenance and Operations Budget Override
Special Election 10% M & O Override - November 5, 2019
Dear Altar Valley Families,
The Altar Valley School District Governing Board is asking voters to continue the 10% Maintenance and Operations Override. This override was originally approved by voters in 2002 and re-approved in 2008 and 2014.
This is a renewal of the current override; if renewed, there is no change to local property taxes. This is not a new tax. The estimated tax rate for the override will be $0.95 per $100 of assessed valuation.
Renewal of the override will help us maintain:
- Free full day kindergarten
- Competitive teacher and staff salaries
- Small class sizes
- Free athletic programs
Below are some frequently asked questions:
Why is the school district asking voters to approve the continuation of the override?
The election is to renew the override already in place. Overrides must be renewed at least every five years to avoid funding cuts.
If approved by voters, what will be the cost of the override to Altar Valley homeowners?
This is a renewal of the current override, if renewed there is no change to local property taxes. This is not a new tax. The estimated tax rate for the override will be $0.95 per $100 of assessed valuation.
The estimated cost to an owner of a home with a limited property value of $60,690 (the average value of a home in the district) would be approximately $58 per year or $4.83 a month.
The 10% Maintenance and Operation budget override would continue funding for programs currently serving district students listed above.
When will the election be held?
The election will be on Tuesday, November 5, 2019. The deadline to register to vote is October 5, 2019.
What is a budget override?
Override funds provide additional funding to support what happens in our schools. The state has set a base support level of funding for all Arizona schools. Acknowledging that communities may want to provide their children with more than the minimum level, the state allows school districts to exceed the minimum with a voter approved budget override.
Dr. David Dumon
Dr. David Dumon
Altar Valley School District