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    March 18, 2020
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Resolution of Intent to Impose an Increase in Levies Superior School District #3 As an essential part of its budgeting process, the Superior School District #3 Board of Trust- ees is authorized by law to impose levies to support it's budget. The Superior School District # 3 Board of Trustees estimates the following increases/decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1,2020, using certified taxable valuations from the current school fiscal year as provided to the district. REQUIRED SB307 NOTICE (MILLS CALCULATED USING PRIOR YEAR TAXABLE VALUE): 2019-20 Actual Levies 2020-21 Projections Est. Est. Annual Tax Annual Impact $100K Impact $200K Change Change $ Mills Mills Mills home home Fund Transportation $ 189,462 40.23 $ 186,270 39.55 $ (3,192) (0.68) Bus Depreciation $ 154,981 32.91 $ 154,981 32.91 $ Tuition Adult Ed $ 33,052 7.02 $ 29,736 6.31 Building Reserve $ 28,026 5.95 $ Permissive $ 15,000 3.18 $ 35,200 7.47 $ 20,200 Grand Total $ 420,521 89.29 $ 411,202 87.30 $ {9,319) {1,99) $ (0.92) $ (1.84) 2$ $ (0.96) $ (1.92) $ (6.60) $ (3,316) (0.71) $ (23,011) (4.89) 4.29 $ (13.20) $ 11.58 5,015 1.06 $ 5.79 $ (2.69) $ {5.38) *Impacts above are based on current certified taxable valuations from the current school fiscal year and are only estimates at this time. Regarding the increase in the building reserve levy referenced above, the following are school facility maintenance projects anticipated to be completed at this time: Continued Deferred maintenance projects across the district may indlude but not limited to: a. Repair/Replace wall coverings, doors and hardware in High School Building b. Replace District VOIP phone system c. Repair/replace floor finishes in Elementary and High School Buildings d. Repair/Replace lighting in Elemenary and High School Buildings e. Repair/Replace furniture, fixtures and equipment in Elementary and High School Building Therefore, the Superior School District#3 Board of Trustees adopted the above notice of changes in permissive levies for the 2020-2021 school year on the 9th day of March 2020. MNAXLP 371056 %24 Resolution of Intent to Impose an Increase in Levies Superior School District #3 As an essential part of its budgeting process, the Superior School District #3 Board of Trust- ees is authorized by law to impose levies to support it's budget. The Superior School District # 3 Board of Trustees estimates the following increases/decreases in revenues and mills for the funds noted below for the next school fiscal year beginning July 1,2020, using certified taxable valuations from the current school fiscal year as provided to the district. REQUIRED SB307 NOTICE (MILLS CALCULATED USING PRIOR YEAR TAXABLE VALUE): 2019-20 Actual Levies 2020-21 Projections Est. Est. Annual Tax Annual Impact $100K Impact $200K Change Change $ Mills Mills Mills home home Fund Transportation $ 189,462 40.23 $ 186,270 39.55 $ (3,192) (0.68) Bus Depreciation $ 154,981 32.91 $ 154,981 32.91 $ Tuition Adult Ed $ 33,052 7.02 $ 29,736 6.31 Building Reserve $ 28,026 5.95 $ Permissive $ 15,000 3.18 $ 35,200 7.47 $ 20,200 Grand Total $ 420,521 89.29 $ 411,202 87.30 $ {9,319) {1,99) $ (0.92) $ (1.84) 2$ $ (0.96) $ (1.92) $ (6.60) $ (3,316) (0.71) $ (23,011) (4.89) 4.29 $ (13.20) $ 11.58 5,015 1.06 $ 5.79 $ (2.69) $ {5.38) *Impacts above are based on current certified taxable valuations from the current school fiscal year and are only estimates at this time. Regarding the increase in the building reserve levy referenced above, the following are school facility maintenance projects anticipated to be completed at this time: Continued Deferred maintenance projects across the district may indlude but not limited to: a. Repair/Replace wall coverings, doors and hardware in High School Building b. Replace District VOIP phone system c. Repair/replace floor finishes in Elementary and High School Buildings d. Repair/Replace lighting in Elemenary and High School Buildings e. Repair/Replace furniture, fixtures and equipment in Elementary and High School Building Therefore, the Superior School District#3 Board of Trustees adopted the above notice of changes in permissive levies for the 2020-2021 school year on the 9th day of March 2020. MNAXLP 371056 %24