The following information is provided by the Marshall Public Schools District as a service to its patrons. If you have any questions or need additional information, please call Caleb Petet, Superintendent at (660) 886-7414 or email cpetet@marshallowls.com
Shall Marshall Public Schools, Saline County, Missouri be authorized to increase its adjusted operating tax levy $0.99 per one hundred dollars of assessed valuation until December 31, 2049, and to use such funds for operating costs and to acquire, construct, renovate, furnish, equip and improve new and existing school facilities (including refinancing existing lease agreements)? If this proposition is approved, the adjusted operating tax levy of the District is estimated to increase $0.99 from $2.8353 currently to $3.8253 per one hundred dollars of assessed valuation until December 31, 2049.
Upon receiving approval from voters, the District intends to use such funds for operating costs and to acquire, construct, renovate, furnish, equip and improve new and existing school facilities. The facility improvements will include a new Elementary building by Spainhower for grades 3-5 and eliminating the continued use of Benton, Northwest and Eastwood. The District intends to enter into a lease purchase agreement to finance the improvements. The lease financing is expected to be repaid over 25 years. The current estimated interest rate for the lease financing, which is expected to be sold in two series each with a 25-year repayment period, is 4.93%.
The District’s tax levy has ranged from $2.75 to $3.55 since 1999/2000. The current tax levy is near its lowest point for the past 20 years. The current tax levy is only $0.08 above the minimum levy for school districts in Missouri. If the proposed $0.99 tax levy increase is approved, the tax levy rate will increase to $3.82, which is $0.27 above the District’s tax levy in 2002/2003.
Year | Incidental | Special Revenue (Teachers’ Fund) | Debt Service Fund | Capital Projects (Building) Fund | Total Levy |
1999/00 | 2.9300 | 0.0000 | 0.5200 | 0.0000 | 3.4500 |
2000/01 | 3.0100 | 0.0000 | 0.3700 | 0.0700 | 3.4500 |
2001/02 | 3.1300 | 0.0000 | 0.3600 | 0.0000 | 3.4900 |
2002/03 | 3.1900 | 0.0000 | 0.3600 | 0.0000 | 3.5500 |
2003/04 | 3.0190 | 0.0000 | 0.3171 | 0.0000 | 3.3361 |
2004/05 | 3.3361 | 0.0000 | 0.0000 | 0.0000 | 3.3361 |
2005/06 | 3.3552 | 0.0000 | 0.0000 | 0.0000 | 3.3552 |
2006/07 | 3.3248 | 0.0000 | 0.0000 | 0.0000 | 3.3248 |
2007/08 | 3.3262 | 0.0000 | 0.0000 | 0.0000 | 3.3262 |
2008/09 | 3.3225 | 0.0000 | 0.0000 | 0.0000 | 3.3225 |
2009/10 | 3.0676 | 0.0000 | 0.0000 | 0.0000 | 3.0676 |
2010/11 | 3.1693 | 0.0000 | 0.0000 | 0.0000 | 3.1693 |
2011/12 | 3.0983 | 0.0000 | 0.0000 | 0.0000 | 3.0983 |
2012/13 | 3.1065 | 0.0000 | 0.0000 | 0.0000 | 3.1065 |
2013/14 | 3.1246 | 0.0000 | 0.0000 | 0.0000 | 3.1246 |
2014/15 | 3.1275 | 0.0000 | 0.0000 | 0.0000 | 3.1275 |
2015/16 | 2.7500 | 0.0000 | 0.0000 | 0.0000 | 2.7500 |
2016/17 | 3.1200 | 0.0000 | 0.0000 | 0.0000 | 3.1200 |
2017/18 | 3.1200 | 0.0000 | 0.0000 | 0.0000 | 3.1200 |
2018/19 | 3.1200 | 0.0000 | 0.0000 | 0.0000 | 3.1200 |
2019/20 | 3.1200 | 0.0000 | 0.0000 | 0.0000 | 3.1200 |
2020/21 | 3.2000 | 0.0000 | 0.0000 | 0.0000 | 3.2000 |
2021/22 | 2.8316 | 0.0000 | 0.0000 | 0.0000 | 2.8316 |
2022/23 | 2.7500 | 0.0000 | 0.0000 | 0.0853 | 2.8353 |
The current tax levy for the Marshall Public Schools is one of the lowest in the State and 95% of all school districts throughout the State have a higher tax levy. The total tax levies for all school districts in Missouri, excluding two special school districts, range from a low of $2.75 to a high of $7.59. The current tax levy for the Marshall Public Schools is $2.83, only $0.08 above the minimum levy. If the proposed $0.99 tax levy increase is approved, the total tax levy for the Marshall Public Schools is expected to be $3.82, which will still be less than 64% of all school districts in Missouri.
The current tax levy for the Marshall Public Schools is $2.83, only $0.08 above the minimum levy.
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The following table sets forth the estimated impact for a taxpayer in the District based upon the proposed tax levy increase of $0.99.
To determine your personal or business financial impact please reach out to the Saline County Collectors Office at 660-886-5104.
Real Estate Property | Market Value | Annual Cost of Increase | Monthly Cost of Increase |
Residential | $100,000 | $188.10 | $15.68 |
$200,000 | $376.20 | $31.35 | |
Commercial | $100,000 | $316.80 | $26.40 |
$250,000 | $792.00 | $66.00 | |
$500,000 | $1,584.00 | $132.00 | |
Agricultural | $100,000 | $118.80 | $9.90 |
$250,000 | $297.00 | $24.75 | |
$500,000 | $594.00 | $49.50 |
The following is one example of how to determine your personal residental financial impact. For this example we will use a $100,000 residential property in Marshall, Missouri.
The new levy would be $3.8253.
In the state of Missouri 64% of schools will still have a higher tax levy than Marshall Public Schools.
New levy amount is only $0.27 higher than our 2002 tax levy (real numbers).
Close Southeast School (BOE Approved December 19, 2022)
Close 5th Grade Trailers (BOE Approved December 19, 2022)
Close Tudor House (BOE Approved December 19, 2022)
Close Hoot House (BOE Approved December 19, 2022)
Purchase Great Circle (BOE Approved January 24, 2023)
Close Eastwood School (Remaining open through 2023-2024 school year)
*Total annual savings: 1 million
2 million in cuts will be required annually by Fall of 2025.
Inability to increase recruitment and retention efforts.
Inability to increase student academic opportunities.
Below are the candidates for the Marshall District Board of Education. There are three positions available with three-year terms.
Candidates will be at the following events. All public forums will be at 6:00pm.
March 28, 2023 @ Martin Center