Why are we collecting more money than we need to make our bond payments?
● Assessed Values and the amount of assessed property has increased significantly resulting in more revenue being collected.
A YES Vote lets us place this extra money in high interest savings for future facility improvements. A NO Vote lets us pay off very low interest bonds up to 3 years earlier.
What facility needs does the district currently have that Prop KIDS could help fund?
●Dome Roof replacement ●HVAC improvements ●Roof repair ●Remove damaged tile in the high school, repair the concrete underneath, place a vapor barrier on the surface to eliminate moisture collecting under the tile, and replace the top layer with tile or another industrial surface. ● Football field and track repairs including fence and bleachers ● Elementary Playground Equipment repairs and replacement ● Early Childhood classroom and daycare expansion ● New bus purchases ● A private bathroom and laundry facilities in the nurse's station for homeless and disadvantaged youth to utilize as necessary.
YES--The board can flex the "extra" debt service levy into capital projects at a higher interest rate to meet future facility needs while keeping the total levy the same at $4.4269 and generating more interest income.
NO--The debt service levy will be used to pay off existing, low-interest bonds up to 3 years earlier than the current final payment in 2031. Then the levy drops to $3.4183 and the district will lose over $460,000 in annual revenue.
Rich Hill School Reminder-There is no school on Friday, March 29th & Monday, April 1st. Enjoy your long weekend!
Rich Hill School Reminder-There is no school on Friday, March 29th & Monday, April 1st. Enjoy your long weekend!
Why does the district need these funds to become part of operating revenue? ● Operating costs and minimum wage and salary continue to increase at a much faster pace than state and federal aid or local revenues. ● The interest rate the district is earning on reserves and cash flow is very high right now.
This link is to the latest district newsletter. It breaks down Prop KIDS and lists the candidates running for school board.
https://sh1.sendinblue.com/vxxb4idtxpfe.html?t=1711559578
If your business would like to purchase a spot on the 2024-25 Rich Hill Athletic Calendar for $50, please download the form at https://5il.co/2hb13 and return it to Central Office with payment. Please make sure your business information is accurate and that you have provided the correct logo using the method selected on the form. All proceeds minus actual printing cost will go directly to student athletics.
JH Cheer Tryouts tonight from 4:15 to 5:00 in the dome for girls that have signed up and returned all paperwork to Mrs. Schenker.
Proposition KIDS Town Hall and Information
Here's a sample of what just went out in the weekly District Newsletter. The link to sign up is at the end:
The weather wasn't very cooperative last night, but we had a couple of community members who up to learn about Prop KIDS and then take a tour of the greenhouse which was paid for by a large grant and then district funds.
A couple of years ago, the board refinanced our debt at a lower interest rate. This cut 3 years off of the life of the loan. Since then, both the assessment and amount of personal property in the district has increased bringing in more revenue than what our payments require. The board has two options: lower the tax rate or prepay the loans faster than scheduled.
Proposition KIDS provides a 3rd alternative. If voters choose to approve Prop KIDS, the board can then flex the surplus revenue into operating funds to help with building and equipment repairs and maintenance before things reach a point where the board has to ask for more debt to be taken out. The money the board flexes into operating funds earns a much higher interest rate than what we are paying on our debt providing even more revenue for the district.
If voters don't approve Prop KIDS, then the debt will be paid off around 2028 or so and then the $1.0086 levy will fall off. This will drop district revenues by about $460,000 per year...or about 10% of the district's annual budget.
The district has leveraged millions of dollars in grant money and stretched our dollar as far as we can. Operating costs and minimum salaries continue to increase at a rapid rate while state funding has been flat for almost 10 years.
From now until the election, I will continue to post more information about Prop KIDS so the public can make an informed decision before going to the polls on April 2.
Sign up the newsletter here: https://d1fd8f10.sibforms.com/serve/MUIFAEYVwXgu0UWCK4kKVaBOQK588II_v75zh7gTxe8MMii55iaZrpxnpt6kkbn66yeNkwGOJi1qAyeB33JrBdui1xmmJcV-A2ZUVVNvG3oUbxP_zlChNfCsWhzF0kQ-U9616q7GZcUUJy8CVp4R2EdLSnTeyKWsC8PmD6VS73zbacp1moXQV8aEXifHgz0311Kfei6vzJ1hSh9h
Reminder: Tomorrow morning, 3.6.2024, is the FREE physical day! Your student must have the completed and signed physical forms to be seen by the physician. The physicals are available for grades 5th-12th. If you are unsure if your student needs a physical, please call or email the HS office.
417-395-4191
tjblack@richhill.k12.mo.us
Rich Hill will once again be making our own Sports Calendar for 2024-25. The company who has done this in the past has not contacted us and I informed them last year we would be doing it ourselves from now on. We have typically gotten one $300 check from them for all the ads sold to the community. I believe we can do better with all of the money going directly to our athletic program. We will begin working on an order form with prices and post it here and to Facebook shortly. Our goal would be to have calendars printed and ready to go by the beginning of August. Thank you!
Click the link to learn more about Prop KIDS in the district newsletter.
https://sh1.sendinblue.com/vphwgidtxpfe.html?t=1709324161
Please subscribe to the district newsletter to make sure you never miss district news!
Last day for the Spring Book Fair 2024! And two new items just dropped!
Pre-order the newest DogMan book at your Book Fair! We will deliver it to your favorite student on March 19 when they arrive!
Your Book Fair opens today, Monday, February 26!! Join in the fun!
First District Newsletter. Sign up if you haven't already. Here's a link to the first edition:
https://sh1.sendinblue.com/vla74idtxpfe.html?t=1708717893
Get ready!! Begins Monday, Feb. 26!
Kindergarten and Early Childhood Screenings for the 2024-2025 school year will be March 25th & 26th.
Students must turn 5 years old by August 1, 2024, to be eligible for kindergarten. Early childhood screenings are for students aged 3 to 5 years old.
An appointment can be made by calling Carla in the elementary office at (417)395-2227.
We look forward to meeting you and your child.
Junior High Cheerleader Tryouts (Current 5th-7th Grade):
*Interest Meeting 2.28.2024 (2:50pm-for students)
*Cheer Camp-March 6th & 7th (3:15-4:15)
*Teacher Evaluations Due: 3.8.2024
*Tryouts 3.19.2024 (4:15 - 5)
