Burlington, Ia (The Hawk Eye)- Residents of the Burlington School District will be asked March 3 to approve the district’s purpose statement regarding how it will use the money it will be able to bond against with the state’s 20-year extension of the Secure an Advanced Vision for Education.
The Hawk Eye reports that with the extension of SAVE, which had been set to expire Jan. 1, 2030, the district will be able to bond against about $35 million made available through Iowa’s penny sales tax through 2050. Much like the Physical Plant and Equipment Levy, SAVE dollars can be used to fund infrastructure projects and purchase technology and equipment.
Superintendent Pat Coen stressed that SAVE does not increase property taxes.
