Crittenden County
June 01, 2017 6:30 PM
Special Called Board Meeting/Video Teleconference
I. Call to Order
Chair
Rationale

Board Member Ryan McDaniel participated by mean of video teleconference.  This secondary location will be on a Carnival cruise in Grand Turk & Caicos Islands. 

II. Consider Approval of June 1, 2017 Agenda
Actions Taken

Order #5382 - Motion Passed:  Motion to approve the Agenda for the June 1, 2017 Crittenden County Board of Education Meeting passed with a motion by Mr. Eric LaRue and a second by Mr. William Asbridge.

III. Consider Approval that the Crittenden County Board of Education Adopts an Additional Five Cents Equivalent Tax Rate on Real and Personal Property
Actions Taken

Order #5383 - Motion Passed:  Consider approval that the Crittenden County Board of Education adopts an additional five cents ($.05) equivalent tax rate on real and personal property, which will produce an equivalent revenue of five cents ($.05) per one hundred dollars ($100) of property assessed. For the 2016-2017 fiscal year, the District’s 5 cent equivalent rate is 6.0 cents, which when applied to the current rate brings the total real property rate to 52.3 cents for Real Estate and 53.8 cents for Personal Property. The District’s five cents ($.05) equivalent rate changes each fiscal year and may be higher or lower when applied to future tax bills. The District will not begin collecting the additional revenue from this levy until the 2017-2018 tax year. The revenue produced by this increase will be dedicated to major renovation of existing school facilities, new construction, and debt service. passed with a motion by Ms. Pam Collins and a second by Mr. Ryan McDaniel.

IV. ADJOURN
Actions Taken

Order #5384 - Motion Passed:  Motion to adjourn passed with a motion by Mr. Eric LaRue and a second by Mr. William Asbridge.