Loveland: LBAR Supports School Ballot Measures

Following the recommendation of the Government Affairs Committee, LBAR’s Board of Directors voted to support Thompson School District’s mill levy override (MLO) and bond measures. Ballot question 3D will ask voters to approve a MLO of 7.15 mills for residential properties to make salaries and compensation more competitive with neighboring districts, replace textbooks and purchase new buses. The $288 million bond measure (ballot question 3E) would fund school repairs, the renovation of some existing schools and build several new schools.

If voters approve ballot measures 3D and 3E, property taxes on a home valued at $200,000 would increase by $22 per month. Unlike some other proposed MLOs in the region, Thompson’s would not sunset (in other words it would be permanent). While property tax increases are never popular, the Board voted to support these measures because good schools are second only to safety in considering where to purchase a home, according to the National Association of REALTORS. Read more about the proposed measures here:

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