The Warren County R-III school district board of education approved ballot language for the April 2, 2024, election as it tries to pass a no tax increase bond for a new elementary school.
The Warren County R-III Board of Education approved the official ballot language for the proposed bond issue to build a new elementary school.
The board unanimously approved the ballot language for Proposition R3 for the April 2 election. If approved, the bond issue would authorize the Warren County R-III school district to borrow $45 million for the project.
The ballot language approved by the board is:
“Shall the Board of Education of the Warren County R-III School District, Missouri, without an estimated increase in the current debt service property tax levy, borrow money in the amount of Forty-Five Million Dollars ($45,000,000) for the purpose of providing funds for the site development, construction, equipping, and furnishing of a new elementary school and other building additions; to upgrade heating, ventilation, and air conditioning (HVAC) systems; to repair or replace roofing; to acquire land and buildings; to prepay capital facility lease obligations issued to finance construction and capital projects; to the extent funds are available, complete other renovations, repairs and improvements to the existing facilities of the District; and issue general obligation bonds in different years or different amounts as determined to be in the best interest of the District as long as the aggregate amount does not exceed the Forty-Five Million Dollars authorized for the payment thereof?”
The Warren County R-III Board of Education in July approved using a no tax increase bond issue to build an elementary school on the property the district owns north of Interstate 70, pending funding availability.
If the April 2024 bond issue is approved, the district’s plan is to move Daniel Boone Elementary from its current site to the new building. The current Daniel Boone Elementary building would be used for early childhood.