DISTRICT HISTORY

1917 Auburn Township HS ($50,000)

1948 Referendum ($240,000)

Two-story section of present elementary

Gym / Cafeteria / Kitchen

Became K-12 district

1954 Referendum ($130,000)

AG/IT shop area

Band / Vocal music room

DISTRICT HISTORY

1966 Referendum ($585,000)

Purchase of 10 Acres / Football Field

Original junior high building (present old section of MS)

1974 Referendum Passed (1.06 to 2.07)

795 “YES” 444 “NO

1978 Referendum ($2,080,000)

New HS (16 rooms, offices, library, gym)

Addition to elementary (12 rooms)

Demolition of 1916 building

Span of 67 years / Bonds totaling ($3,085,000)

DISTRICT HISTORY

1981 Bus Garage / 7 bay

Cash on Hand ($29,855)

1984 Addition to elementary / 7 rooms

Cash on hand ($241,357)

1986 Addition to elementary / 8 rooms and

Demolition of 1913 elementary building

Cash on hand ($341,442)

1987 All buildings in full compliance for health, life, safety

DISTRICT HISTORY

1987 Full day kindergarten

1989 Pre-kindergarten

1993 Addition to elementary / 6 rooms & restrooms

Cash on hand ($472,257)

1995 Addition of second bus garage & press box

Cash on hand ($48,006)

1998 Bonds paid in full

DISTRICT HISTORY

2000 MS / HS Addition

Gym / Locker rooms/ Cafeteria / Kitchen / Offices /

12 Classrooms / storage (present unit office)

Total cost of $4.5 million

State grant ($2,678,899)

Cash on hand ($1,766,262)

2000 All Weather Track

Total cost of $200,000

State grant ($125,000)

Cash on hand ($75,000)

Donated labor & equipment ($25,000)

DISTRICT HISTORY

2001 Sports Complex – Locker rooms & restrooms

Cash on hand ($276,000)

2002 Addition to bus garage

Cash on hand

2004 Remodel of storage into district office

Cash on hand

2006 Purchase of 68 acres for future expansion

Cash on hand

DISTRICT HISTORY

2007 Annexation of Divernon

2007 Addition of bus garage at Divernon

Cash on hand

2007 Renovation of shop area for band at Divernon

Cash on hand

2008 Installation of new bleachers & refinish gym floor at Divernon

Cash on hand ($70,000)

DISTRICT HISTORY

2007 – 2009 Purchase of three properties contiguous to schools ( 1 at Divernon, 2 in

Auburn)

Cash on hand

2009 Replacement of HVAC at Auburn Elementary

Health, Life, Safety Bonds ($1,900,523)

2010 Repair of MS from water damage / Resurface of all-weather track / Refinish HS

gym floor

Cash on hand ($202,000)

Dollars bonded over past 92 years = $4,985,523

Age of facilities – 10-60 years (average of 32 years)

REFERENDUM HISTORY

The last permanent tax increase was nearly

40 years ago.

December 17, 1974

Education Fund Rate Increase

It went from

1.60 to 2.07.

795 “Yes” votes

444 “No” votes

Auburn currently has the lowest

tax rate in Sangamon County

4.00

CURRENT FACILITY NEEDS

BASED ON 2012 ESTIMATES Health, Life, Safety Needs for ALL buildings

Age of buildings

Required maintenance

Required upgrades to be up to code

HS / MS COMPLEX NEEDS

Roof Replacement (all sections except MS gym)

$804,217

HVAC Replacement (1956 HS, 1969 MS, 1978 HS)

$2,468,991

Window Replacement (1969 MS)

$73,580

Lighting Replacement (1956 HS, 1969 MS, 1978 HS)

$262,922

HS / MS COMPLEX NEEDS

Building perimeter (parking / sidewalks)

$110,279

HS / MS Complex Total Cost

Brings facilities into full compliance for Health, Life, Safety

$3,719,989

Anticipated energy savings over long-term

DIVERNON COMPLEX NEEDS

Roof replacement (1976 section, except gym)

$169,652

HVAC replacement (1966 & 1977 areas)

$1,588,301

Window replacement (1930 & 1977 gym areas)

$78,444

Lighting replacement (1977 gym areas)

$20,786

DIVERNON COMPLEX NEEDS

Building perimeter (sidewalks, drive, parking)

$20,446

Total Cost for Divernon Complex

Brings facility into full compliance

$1,877,629

Anticipated energy savings over long-term

ELEMENTARY COMPLEX NEEDS

Roof Replacement (Gym & Cafeteria)

$281,268

Window Replacement (1950 & Cafeteria)

$253,061

Lighting Replacement (All sections)

$216,215

Building Perimeter (Playground & Parking)

$39,591

ELEMENTARY COMPLEX NEEDS

Auburn Elementary Total Cost

Brings facility into full compliance for Health, Life, Safety

$790,135

HVAC Upgrades

-

10,000

20,000

30,000

40,000

2007 2008 2009 2010

Elementary HVAC Usage

Gas Usage (therms)

Electic Usage (therms)

PROJECTED COSTS

$6,700,000 for all building repairs and improvements (includes the $250,000

lighting grant)

All repairs and improvements were cited in the 10 year Health, Life, Safety study

conducted by architect

Required upgrades and repairs to remain in compliance with state health, life, safety

codes

Lighting will be required to be replaced in the near future (energy efficiency

requirements)

WHY IS THIS BEING ADDRESSED NOW?

10 year survey completed after annexation – 2007

Board tried to issue bonds at that time

Law was unclear if district was under tax caps

Bond counsel would not give clean opinion until tax cap question was answered

Tax Cap question had to go through court system

Supreme Court decision in 2010

County Clerks would not allow question on ballot until it was determined that district

was under tax caps

Sales tax for school facilities did not pass in county

BALLOT QUESTION

Shall the debt service extension base under the Property Tax

Extension Law for Auburn Community Unit School District

Number 10, Sangamon and Montgomery Counties, Illinois, for

payment of principal and interest on limited bonds be increased

from $144,087.55 to $1,000,000 for the 2013 levy year and all

subsequent levy years, such debt service extension base to be

increased each year by the lesser of 5% or the percentage

increase in the Consumer Price Index during the 12-month

calendar year preceding the levy year?

WHAT DOES A TAX CAP (PTELL)MEAN?

Tax caps limit the amount of money that can be extended to a district based on the

consumer price index increase of the previous December -New property is not

under the cap

Limit is on the total tax dollars for the district

Example

District receives $3,000,000 in total tax dollars for 2011

Consumer price index is 1.5%

District is limited to a 1.5% increase on $3 million dollars

District receives $3,045,000 in total tax dollars for 2012

Non-tax capped district could receive $3,150,000 in total tax dollars (without

hearing)

WHAT IS A DSEB?

Limitation on the principal and interest that a district can levy to repay loans or bonds

each year

Requires voter approval to increase the limit on principal and interest that can be

repaid each year

District’s DSEB established in 1996

Tax Capped districts have DSEB

Non-tax capped districts do not have DSEB

Auburn is a tax capped district (Supreme Court Decision) 2010

COMPARISON

D S E B I N C R E A S E

Can sell bonds to make needed repairs and upgrades

Flexibility in repayment Tax increase

Annual HLS tax levy

Other district funds

Grants

Allows for flexibility in scheduling needed work

H L S B O N D S

Can sell bonds to make

needed repairs and

upgrades

Repayment

Tax increase

Would need to have a

referendum each time

bonds need to be sold

HOW WOULD INCREASING THE DSEB AFFECT TAX

BILLS?

Factors that impact rate

Taxable value of property (1/3 assessed / “market” value)

Assessed value of all property in the district

Interest rates for bonds / loans

Length of maturity of bonds / loans

Amount of money that is borrowed

Prioritization of repairs, upgrades versus all repairs, upgrades

TAX RATE SUMMARY AS OF FEB. 2013

$2,300,000 $3,310,000 $6,635,000

G.O BOND G.O. BOND G.O. BOND

Avg. Annual Debt Service $300,000 $430,000 $860,000

Est. Bond & Interest Rate Inc. 29.72 42.60 85.21

HOMEOWNER TAX INFO

MARKET VALUE / TAXABLE VALUE ANNUAL TAX INCREASE

$50,000 $10,667 $31.70 $45.44 $90.89

$75,000 $19,000 $56.47 $80.94 $161.90

$100,000 $27,333 $81.23 $116.44 $232.91

$150,000 $44,000 $130.77 $187.44 $374.92

$200,000 $60,667 $180.30 $258.44 $516.94

TAX RATE SUMMARY AS OF FEB. 2013 $2,300,000 $3,310,000 $6,635,000

G.O BOND G.O. BOND G.O. BOND

Avg. Annual Debt Service $300,000 $430,000 $860,000

LANDOWNER TAX INFORMATION

Annual Tax Increase per 100 acre plot

Avg EAV per Acre

$150 $44.58 $63.90 $127.82

$175 $52.01 $74.55 $149.12

$200 $59.44 $85.20 $170.42

$225 $66.87 $95.85 $191.72

WHEN WILL BOARD DECIDE ON PRIORITIES FOR

REPAIRS AND UPGRADES?

Outcome of April 9 ballot

Yes vote-discussions will begin in April 2013 concerning future needs, prioritization

of work, time frame for selling bonds, securing bids

A public hearing is required before any bonds are sold

The date, time, and location of the hearing is required to be publicized in the local

newspaper.

QUESTIONS?

If you have questions , please feel free to email

me at droot@auburn.k12.il.us

or call me at (217) 438-6164.

Darren J. Root

Superintendent

Auburn Community Unit School District # 10