Proposition T.I.G.E.R. - Debt Service Levy

Shall the Board of Education of the Smithton R-VI School District,, Missouri, borrow money in the amount of Three Million Five Hundred Thousand Dollars ($3,500,000) for the purpose of providing funds to implement safety and security improvements District-wide; to renovate the existing Elementary school drop off area and relocate the entrance and offices spaces in the Elementary school; to renovate and update the playground space; to resurface and expand parking on the East side of the campus; to relocate and renovate the preschool; to provide covered areas at the entrance of the elementary and secondary buildings; to convert existing lighting, to LED; to renovate ceilings, floors, and walls in classrooms; to replace heating, ventilation, and air conditioning (HVAC) units; to upgrade sidewalks to install new turf and landscaping; to the extent funds are available, acquire equipment and complete other repairs and improvements to the existing facilities of the District; and issue general obligation bonds for the payment thereof resulting in an estimated increase to the debt service property tax levy of $0.4500 per one hundred dollars of assessed valuation? If this proposition is approved, the adjusted debt service levy of the School District is estimated to increase from $0.0000 to $0.4500 per one hundred dollars of assessed valuation of real and personal property.