INDEPENDENT SCHOOL DISTRICT 15 ST. FRANCIS, MINNESOTA

BOND REFERENDUM PROPOSALVote Tuesday, May 23, 2017

THE BOND REFERENDUM WILL:

Address Critical Deferred Maintenance and Physical Facility Needs Improve Districtwide Safety, Security and Accessibility

Enhance Educational Spaces and Learning Environments Expand Activities and Athletic Opportunities

QUESTION 1: $92,280,000Addressing Critical Physical Facility Needs

Building mechanical and electrical infra-structure improvementsParking lot, drives and sidewalk improvementsBuilding exterior improvements such as roofs, doors and windows

improvements such as �looring, wall systems, ceilings and doors

Improving Safety, Security and Accessibility

secure entrances and visitor check-ins into of�ices at all buildings to onsite traf�ic �low, student drop-off/pick-up and pedestrian safety

Building interior and exterior directional signage improvements at �ields and site amenities

ADA upgrades to bathrooms and other spaces throughout the district

Enhanced Learning Environments

Renovations and re-organization of existing spacesRelocation of 4th & 5th-grade students from the middle school to St. Francis Elementary School Modernization of science labs, music, family & consumer science and other areas to meet current needsElimination of portable classrooms throughout the districtExpanding and re-organization of spaces for special education programmingUpdating of student furniture as needed throughout the district

Increased Academic and Activity Opportunities

Relocation and re-organization of current programs to better use and re-capture spacesImprovements at the existing stadiumRenovation of existing locker room spacesImproved accessibility at existing site amenitiesCreation of large and small group spaces across the district

QUESTION 2: $15,520,000

Construction of New Multi-Use Activities Center to be Located at Existing High School

█ Although the addition has not yet been fully designed, it is anticipated that the new Activities Center will include a 4-station gym �loor, elevated walking track, restrooms, concessions, team rooms, multipurpose area, storage and other support spaces.

QUESTION 2 IS DEPENDENT ON QUESTION 1 PASSINGFOR OUR STUDENTS

Improved Safety and SecurityEnhanced Educational Spaces and 21st Century Learning Environments

Facilities to Promote Excellence in Academics and Activities

FOR OUR COMMUNITY

Excellent Learning Environment to Attract FamiliesState of the Art Facilities for Community Use and Events

Financially Responsible Reinvestment in Our Community’s School FacilitiesQUESTION #2 IS DEPENDENT ON QUESTION #1 PASSING

ESTIMATED TAX IMPACT

VISIT OUR WEBSITE

For additional information, visit the District website: www.isd15.org/bondQuestions? Email bond.questions@isd15.org or call 763-753-7040

ISD 15 - St. FrancisDate prepared: 03/15/17

Type of PropertyEstimated

Market Value Question 1 Question 2 TOTAL Q1 & Q2

100,000 30.04 27.99 58.02150,000 52.84 49.23 102.07200,000 75.64 70.47 146.11250,000 98.44 91.72 190.16300,000 121.24 112.96 234.20500,000 209.18 194.89 404.07

250,000 177.80 165.66 343.46500,000 386.98 360.55 747.53

1,000,000 805.34 750.33 1,555.67

Agricultural Homestead * 1,422,000 318.91 297.13 616.05

Agricultural Homestead ** 2,702,000 691.67 644.43 1,336.10

Non-homestead Agricultural 8,000 3.35 3.12 6.47

Residential Homestead

Commercial Industrial

ESTIMATED TAX IMPACT PER YEAR OF PROPOSED BOND REFERENDUM • May 23, 2017

Note: The above chart illustrates the estimated net tax per year increase associated with the issuance of the new bonds on various property values and classi�ications utilizing the District’s preliminary pay 2017 net tax capacity* - Property value assumes 160 acres with a dwelling value of $150,000 (house, garage and one acre) at an assessed value of $8,000 per acre ** - Property value assumes 320 acres with a dwelling value of $150,000 (house, garage and one acre) at an assessed value of $8,000 per acre