CW-26-3 HEAD START PROGRAM OPERATION MILL LEVY - Head Start Facilities and Transportation Levy

THE SPECIFIC PURPOSE OF THIS REQUEST IS TO INCREASE FUNDING FOR THE PURPOSE OF MAINTENANCE COSTS OF THE TWO BUSES USED FOR TRANSPORTATION SERVICES PROVIDED TO THE CHILDREN AND FAMILIES SERVED BY ANACONDA-DEER LODGE COUNTY HEAD START PROGRAM AND MAINTENANCE OF THE ANACONDA-DEER LODGE COUNTY HEAD START BUILDING. SHOULD ANACONDA-DEER LODGE COUNTY VOTERS CHOOSE TO LEVY AN ADDITIONAL TWO (2) MILLS SPECIFICALLY FOR THE ANACONDA-DEER LODGE COUNTY HEAD START PROGRAM, APPROXIMATELY $53,114 WILL BE GENERATED ANNUALLY AS EACH MILL IS WORTH APPROXIMATELY $26,557. THIS IS A NON-PERMANENT LEVY FOR A TWO-YEAR DURATION. THE IMPACT OF THE APPROXIMATE TAX INCREASE IS AS FOLLOWS. ON A HOME VALUED AT $100,000 IS APPROXIMATELY $1.52 PER YEAR. THE IMPACT OF THE APPROXIMATE TAX INCREASE ON A HOME VALUED AT $300,000 IS APPROXIMATELY $4.56 PER YEAR. THE IMPACT OF APPROXIMATE TAX INCREASE ON A HOME VALUED AT $600,000 IS APPROXIMATELY $10.72 PER YEAR. AN INCREASE IN PROPERTY TAXES MAY LEAD TO AN INCREASE IN RENTAL COSTS.