This measure would provide a means for voters to allow school districts to expand the permissible uses of ad valorem tax revenues to include school operations. The Oklahoma Constitution limits the rate of ad valorem taxation. However, it permits voters in a school district to approve an increase of up to five mills ($5.00 per $1,000.00 of the assessed value of taxable property) over this limit for the purpose of raising money for a school district building fund. Currently, monies from this building fund may only be used to build, repair, or remodel school buildings and purchase furniture. This measure would amend the Constitution to permit voters to approve such a tax to be used for school operations deemed necessary by the school district, in addition to the purposes listed above.

SHALL THE PROPOSAL BE APPROVED?

Yes ( ) No ( )