About Continental Override Prop 484
The Continental Elementary School District Budget Override is NOT a new tax. It is a renewal of the current override. The District is asking voters to vote YES on Proposition 484 to continue the current level of funding with NO INCREASE IN TAX RATES.
Vote YES on Prop 484 to keep current school funding
- Maintain smaller class sizes
- Keep Fine Arts programs
- Retain Physical Education classes
What happens if the Override fails?
Phase out of the existing override funds will take place starting the 2021-2022 school year.
Override funds would no longer be available 2024-2025 school year and the district would have to reduce spending by approximately $525,750 and Program cuts are possible.
Support Our schools, protect our property values and invest in our community WITHOUT INCREASING YOUR PROPERTY TAX RATE.
According to the National Association of REALTORS®, the most influential amenity impacting a buyer’s decision to purchase a particular home is proximity to good schools.
Continental Override FAQs
What is a Budget Override?
School districts in Arizona are allowed by state law to increase their Maintenance & Operations (M&O) budgets each year by up to 15% of the revenue control limit imposed by the state legislature. M&O funds at CESD are used exclusively for Fine Arts and Physical Education and minimizing class size. About half the school districts in Arizona (representing 70-80% of the students) presently have a budget override in place.
How long do override funds last?
An override lasts for seven years. If not renewed, the amount decreases by one-third each year in the fifth, sixth and seventh years of the existing override. Even though continuation overrides are not new taxes. Per state law, they must be renewed through an election to continue for another seven years.
What is Continental Override Prop. #484 asking for?
A 14% maintenance and operations budget override or approximately $525,750.00. Our existing override is 14%.
What will the M&O Override do for our students?
● Maintain smaller class sizes ● Retain Fine Arts and Physical Education programs
What will happen if the budget override is not renewed?
The district will be forced to cut more than $525,750.00 from its operating budget over the next two years. Fine Arts and Physical Education programs will be reduced or eliminated, Class sizes may increase.
How much will the override cost the average taxpayer?
Currently a home with a full cash value of $100,088 is paying $14.91 in property taxes. A home with a full cash value of $200,176 is paying $29.83. The total tax rate needed to fully fund the Continental Elementary School District budget override is $0.149 cents per $100 of secondary assessed valuation, or $14.91 per year on a home assessed at $100,088.
What happens if the override fails?
Phase out of the existing override funds will take place starting the 2021-2022 school year. Override funds would no longer be available 2024-2025 school year and the district would have to reduce spending by approximately $525,750 and Program cuts are possible.
When will the M&O Override be on the ballot?
The M&O Override will be on the November 3, 2020 ballot; early voting for this measure will start October 7, 2020.