At a special meeting December 10, the Board of Education acted upon and unanimously approved the recommendation by Superintendent Mike Barnes and Treasurer Kent Zeman to place a 3.9 mill operating levy combined with a 1.0 mill permanent improvement levy on the March 17, 2020 ballot. This levy will cost taxpayers less than $2 a month more than they currently pay, based on a property valuation of $100,000.
Lakewood City Schools has outlined the following areas for where the levy money would go toward:
- Adding STEM offerings to prepare students for their futures;
- Expanding career and technical educational opportunities for middle and high school students;
- Keeping educational technology and other learning materials up-to-date;
- Recruiting and retaining high-quality teachers by paying them competitive salaries;
- Providing mental health services for elementary students;
- Expanding early childhood programs for our community’s youngest learners; and
- Protecting our community’s investment by keeping all of our buildings, athletic fields, vehicles, and other assets in good condition.
Due to sound financial practices and restructuring and refinancing of existing debt, the new issue will not change the current tax rate, but will be a small tax increase because of a law change.
Because of inconsistent and declining State funds, and the increasing costs of operating our schools – like healthcare and utilities – the District will start deficit spending in 2020, which means its expenditures will outpace revenues. As good fiscal stewards, District officials must always be looking ahead, proactively monitoring funding sources, and ensuring the District remains strong while continuing to provide the educational excellence that Lakewood residents expect.
Click here for more on our Levy Information page