Bond & Supplemental Levy Information

The District is running two initiatives on the May 21 ballot. The first is a $14 million bond to fund staff and teacher housing. The second is a $650,000 supplemental levy for transportation, food services, and staff salary/benefits.

vote may 21

QUESTIONS?
Email: mdsdquestions@mdsd.org

staff housing

supplemental levy

MDSD Bond Information

The District is seeking a $14 million bond to finish building 35 housing units for teachers and staff, in response to unprecedented increases in housing costs, and the risk of unfilled positions in the District which could adversely impact quality of education and future economic vitality.

But this project is about more than housing. It’s about ensuring our children get the education they need from qualified staff and teachers to ensure the economic vitality of our community while meeting the demands of a growing community with local solutions.

The estimated average annual cost to the taxpayer on the proposed bonds is a tax of $12.23 per $100,000 of taxable assessed value, per year, based on current conditions.

Bond FAQs

MDSD Supplemental Levy Information

Since 2007, the School District has used a $5.65 million budget stabilization levy to help fund annual operations and maintenance costs. In 2024 dollars, that original amount is worth only $2.3 million. Originally, the levy covered 62% of annual operations and maintenance costs. However, due to inflation, increased enrollment and rising expenses, those funds now cover only 32%.

This $650,000 levy seeks to address a $2.7 million funding shortage, and will be used to fund transportation costs, underwrite part of the gap in salary and benefits, and supplement food service costs.

The estimated average annual cost to the taxpayer on the proposed levy is a tax of $6.65 per $100,000 of taxable assessed value, per year, based on current conditions.

Supplemental Levy FAQs