Question 2 - General Maintenance and Operation Budget

Shall the Governing Board of Blue Ridge Unified School District No. 32 of Navajo County, Arizona (the "District"), adopt a General Maintenance and Operation Budget that includes an amount that exceeds the revenue control limit specified by statute by 15% for fiscal year 2027/2028 and for six (6) subsequent years as described below? The amount of the proposed increase of the proposed budget over the alternate budget for fiscal year 2027/2028 is estimated to be $1,992,650. In fiscal years 2027/2028 through 2031/2032 the amount of the proposed increase will be 15% of the District's revenue control limit in each of such years, as provided in Section 15-481(P) of the Arizona Revised Statutes. In fiscal years 2032/2033 and 2033/2034, the amount of the proposed increase will be 10% and 5%, respectively, of the District's revenue control limit in each of such years, as provided in Section 15-481(P) of the Arizona Revised Statutes. Any budget increase authorized by this election shall be entirely funded by a levy of taxes on the taxable property within this school district for the year for which adopted and for six (6) subsequent years, shall not be realized from monies furnished by the state and shall not be subject to the limitation on taxes specified in Article IX, Section 18, Constitution of Arizona. Based on the current net assessed valuation used for secondary property tax purposes, to fund the proposed increase in the school district's budget would require an estimated tax rate of $0.54 per one hundred dollars of net assessed valuation used for secondary property tax purposes and is in addition to the school district's tax rate that will be levied to fund the school district's revenue control limit allowed by law.