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LOYAL BOARD EXPECTED TO APPROVE REFERENDUM DETAILS

Wednesday, February 16th, 2011 -- 12:18 PM

The Loyal School Board is expected to approve the wording of a revenue cap exemption referendum Wednesday night.

According to the agenda of a special meeting, the board will consider a referendum asking the district?s voters for the ability to exceed the state-imposed revenue cap by $350,000 for the 2012-13 school year, $550,000 for the 2013-14 and $750,000 for the 2014-15 school year.

This will be the third revenue cap exemption attempt for Loyal in recent years. The previous attempts have failed.

The referendum will be decided on April 5th.

Feel free to contact us with questions and/or comments.