Prop R3 FAQ's

Prop R3  Frequently Asked Questions

What is Prop R3?
- Prop R3 in a no tax rate increase to expand preschool opportunities, be prepared for growth, and to maintain existing facilities.  

Why is Prop R3 needed?
- The district is out of space for early childhood education.  There are state funded opportunities the district can not participate in due to lack of space.
- The district is anticipating growth in population and needs to prepare now for that growth.  

How will these funds be used?
- The funds will be used to build a new elementary school on property the district already owns.
- Once the school is fully complete an additional 475 elementary seats will be available to accommodate growth.
- Daniel Boone Elementary will move into the elementary school and the early childhood center will move to Daniel Boone.
- Early Childhood will have 15 additional classrooms to expand into.

When will the new school open?
- The building will be open for the 2027-28 school year.

How do you pay for this?
- This will be funded by a no tax rate increase. 
- There is a gap in when all the bonds can be issued.  During the gap years, an interest only loan will be issued to cover the shortfall.  This loan is expected to last 3 - 5 years depending on how assessed values are done by the county assessor.

Will the elementary boundaries be adjusted?
The year prior to the new school opening, the boundaries will be evaluated and potentially adjusted at that time.  

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