proposition t - Rockwood School District

PROPOSITION T
For the purpose of continuing to fund
major capital renovations, repairs
and improvements, and to furnish
and equip school sites, buildings
and related facilities in the District,
including but not limited to (1) building
a new Eureka elementary school to
address increased student enrollment
and repurposing the existing school for
early childhood education programs,
(2) creating and equipping elementary
innovative spaces to support
On April 4, Rockwood voters will consider Proposition T (Thrive), to
Science, Technology, Engineering
address enrollment issues and our continued support of STEM and
and Mathematics in our curriculum,
innovative learning. The bond issue will not alter the current tax rate.
and completing the final phase of
high school STEM lab renovations,
(3) adding classrooms to address
Class Sizes
increased student enrollment and (4)
• building a new Eureka elementary school to address increased student enrollment
expanding the implementation of the
• repurposing the existing school for early childhood education programs
one-to-one technology program, shall
• adding classrooms to address increased student enrollment
the Rockwood R-VI School District,
St. Louis County, Missouri, issue its
general obligation bonds in the amount
Innovative Learning
• creating and equipping innovative learning spaces in all elementary schools to
support Science, Technology, Engineering and Mathematics in our curriculum
• completing the final phase of high school STEM lab renovations
• expanding the implementation of the one-to-one technology program
of Ninety-Five Million Five Hundred
Thousand Dollars ($95,500,000)
resulting in no estimated increase in
the current debt service property tax
levy? If this proposition is approved,
the current adjusted debt service levy
The $95.5 million bond issue would not require an increase to the
district’s current debt service tax rate of 68 cents per $100 of assessed
valuation of real and personal property.
of the District is estimated to remain
unchanged at sixty-eight cents ($0.68)
per one hundred dollars assessed
valuation of real and personal property.
“About 2,300 homes are expected to be built in the district in the next five years.
The timing and reasons for this bond issue are driven primarily by the potential
compromise to our recent class size efforts, especially in our elementary grades.
The growth that is coming has the potential to ripple a redistricting effort
districtwide, while also sending class sizes in the wrong direction. Overall,
the main focus is our need for additional space and continued support for
our STEM/Innovation efforts.” – ROCKWOOD SUPERINTENDENT DR. ERIC KNOST
Paid for by the Rockwood School District • Dr. Eric Knost, Superintendent • 111 E. North Street in Eureka, Missouri
Proposition T, a $95.5 million bond issue,
will not alter the current Rockwood tax rate.
A four-sevenths (57.14 percent) majority is necessary
for passage on April 4 Election Day.
Rockwood administration presented a balanced budget for the 2016-2017 operational
needs of the school district. Prop T will address capital funding for Rockwood’s
19 elementary schools, six middle schools and four high schools.
PROP T PROJECT LIST
NEW ELEMENTARY SCHOOL
Build a new elementary school in Eureka to address increased student enrollment • Repurpose the existing
school for early childhood programs
INNOVATIVE SPACES
Create and equip elementary innovative learning spaces to support Science, Technology, Engineering and
Mathematics in our curriculum • Complete the final phase of high school STEM lab renovations
TECHNOLOGY
Expand the implementation of the one-to-one technology program • Replace obsolete computers • Replace
projection devices • Replace aged network equipment
SCHOOL IMPROVEMENTS
Build classrooms at Geggie Elementary School • Renovate multi-purpose room at Wildwood Middle School
CYCLE MAINTENANCE
Perform preventative maintenance throughout all schools: roofing, flooring, heating/cooling, playgrounds,
parking lots, safety needs and energy efficiency • Architectural and engineering services, plus contingency
funds as part of an open bidding process
TOTAL: $95.5 million
“ The bond issue keeps Rockwood on track to move toward the concept of a pay-as-you-go method of funding
annual cycle maintenance projects. This long-term financial plan aggressively pays off existing debt to
significantly lower the debt service rate within ten years.” – TIM ROONEY, CHIEF FINANCIAL OFFICER
FOR MORE INFORMATION ABOUT PROP T
• Visit us online: www.rsdmo.org/PropT
• Follow us on Twitter: twitter.com/rockwoodschools
• View our Facebook page: facebook.com/Rockwood.School.District
Paid for by the Rockwood School District • Dr. Eric Knost, Superintendent • 111 E. North Street in Eureka, Missouri