This is what you should know...
FACT: Fountain Lake School District (FLSD) is asking for a 4 millage increase at their Annual School Election to be held on Tuesday, May 21, 2019.
FACT: FLSD borders encompass areas in both Saline and Garland counties. See your property tax bill to determine if your property is within the FLSD boundary.
FACT: ALL HSV Residents and Commercial Property Owners in FLSD will PAY HIGHER PROPERTY TAXES if this increase passes, REGARDLESS OF AGE or DISABILITY STATUS.
FACT: What it will cost YOU!
· $80 increase yearly on a home appraised at $100,000
· $120 increase yearly on a home appraised at $150,000
· $160 increase yearly on a home appraised at $200,000.
**Formula to calculate your potential tax increase: Appraised value of property x .0008
FACT: Under School Choice law FLSD has admitted 98 students whose parents do not live or pay school taxes in FLSD district.
FACT: Arkansas currently provides $566 in State Aid per student (Choice or resident) which amounts to only 5% of the total cost. In school year 2017-2018, the cost per student was slightly over $12,000 thus FLSD taxpayers are forced to pay the $11,000+ difference.
FACT: It costs FLSD over $1,000,000 a year to educate these 98 School Choice students.
FACT: If the increased millage is approved, 3 of the 38.8 total mills will be spent on the 98 School Choice students whose parents pay no taxes in the FLSD district.
Tuesday, May 21, 2019—7: 30 A.M. – 7: 30 P.M.
Saline County: Bank OZK 24705 Hwy 5 (East Gate)
Garland County: Village Bible Church 100 Ponderosa Way HSV