ALBANY - Voters in the Albany school district approved a referendum Tuesday, Nov. 6 for $1.64 million over the next three years, to address the school's operating deficit.
The referendum allows the district to exceed its revenue limit by $520,000 in each of the first two years and $600,000 in the third year.
The vote total Tuesday night was 796 votes for the referendum, and 692 against, according to District Administrator Steve Guenther.
Guenther said the referendum could be considered a continuation of the district's previous four-year referendum, which expires this school year. Because it is replacing the existing referendum, the new spending measure will have no impact on the tax levy. The district is committed to keeping that tax levy, he said.
He said he is grateful for the support the community has given the school district and the referendum. "I know our community is very supportive of our school," he said, adding he also understands residents are "very concerned" about their property taxes.
"I really, really appreciate the support" and the fact people are "willing to stick it out and keep things going," he said. "We're going to make it worth their while."
The Albany 2012-2013 school budget, approved by the board on Aug. 27, has a tax levy of $3.14 million.
The Albany school tax rate for the past three years has been 10.73, 12.01 and 12 percent, according to the Wisconsin Department of Public Instruction.
The referendum allows the district to exceed its revenue limit by $520,000 in each of the first two years and $600,000 in the third year.
The vote total Tuesday night was 796 votes for the referendum, and 692 against, according to District Administrator Steve Guenther.
Guenther said the referendum could be considered a continuation of the district's previous four-year referendum, which expires this school year. Because it is replacing the existing referendum, the new spending measure will have no impact on the tax levy. The district is committed to keeping that tax levy, he said.
He said he is grateful for the support the community has given the school district and the referendum. "I know our community is very supportive of our school," he said, adding he also understands residents are "very concerned" about their property taxes.
"I really, really appreciate the support" and the fact people are "willing to stick it out and keep things going," he said. "We're going to make it worth their while."
The Albany 2012-2013 school budget, approved by the board on Aug. 27, has a tax levy of $3.14 million.
The Albany school tax rate for the past three years has been 10.73, 12.01 and 12 percent, according to the Wisconsin Department of Public Instruction.