We have been highlighting some of the projects that the Wapello CSD Voter Approved PPEL Levy has been able to fund either on its own, or partially with funding coming from other sources. Picking up where we left off yesterday, let’s take a look at the impact that this levy has on bare agricultural land (on a per acre basis) that is within the Wapello Community School District. We are down to just 2 Days until this important election to reauthorize this funding stream for another ten years! As a reminder the Voted Physical Plant and Equipment Levy Renewal Election will be held on Tuesday, March 1, 2022, at the Briggs Civic Center in Wapello. The polls for this very important election will be open from 7:00 a.m. - 8:00 p.m.
Let’s take a look at the impact that approving this levy for another ten years has on a agricultural property owner’s annual property tax bill. In the Wapello CSD, we collect a portion of the Voted PPEL as Income Surtax, and the balance from Property Taxes. That split between the two may change in ration from one year to the next, but what you will see in the illustration below would be the maximum in FY 23 if the ENTIRE AMOUNT were collected as property taxes. Thus, in any given year, the amount from Property Taxes would actually be LESS than what you see in the illustration below and the attached photo, depending on the percentage of Income Surtax used that year by the school board in their budget.
Agricultural Land (Bare Land on a Per Acre Basis) –
If you own a bare agricultural land within the Wapello Community School District you would take the actual 1/1/21 Average Assessed value of 1 acre of Ag Land in the amount of $1,401 and multiply that by the 1/1/21 Rollback (89.0412%) for a net taxable value $1,247 per acre. That $1,247 per acre is multiplied by the levy amount of $0.67 for an annual cost of $0.83580 per acre or $0.07 monthly per acre. So, a 160 acre farm would have an annual cost for this levy of $133.73 or $11.14 per month.
Any number of acres can be substituted into this equation, so 500 acres of bare ag land would look like this. 500 acres multiplied by $0.83580 for and annual tax cost for this levy of $417.90 or $38.83 per month if you look at it on a per month basis of the cost of this levy.
These are just a couple of scenarios, if you look at the chart in the photos, you will see many more scenarios that have been developed by our partners at Piper Sandler. You can calculate your own impact by inserting your number of acres that would be taxed at this rate and working through the equations above, or on the chart.
To learn more about this important funding stream and the projects that it funds, visit our website at www.wapellocsd.org and click on the menu button and look for the PPEL Renewal Election and look at the resources to get a better idea of the kinds of projects that we are able to fund because our voters have kept this levy in place for the past 24 years.
#WeAreWapello #WapelloTribePride
Louisa County Extension and Louisa County Farm Bureau brought Ag in the Classroom: The Amazing Milk Cow. In this lesson, students were introduced to dairy cows and that dairy products, like milk, come from these animals. Students had the opportunity to “milk a dairy cow”!
Louisa County Extension and Louisa County Farm Bureau brought Ag in the Classroom: The Amazing Milk Cow. In this lesson, students were introduced to dairy cows and that dairy products, like milk, come from these animals. Students had the opportunity to “milk a dairy cow!”
1st grade working on their fluency!
1st grade working on their fluency!
We have been highlighting some of the projects that the Wapello CSD Voter Approved PPEL Levy has been able to fund either on its own, or partially with funding coming from other sources. Picking up where we left off yesterday, let’s take a look at the impact that this levy has on commercial property that is within the Wapello Community School District. We are down to just 3 Days until this important election to reauthorize this funding stream for another ten years! As a reminder the Voted Physical Plant and Equipment Levy Renewal Election will be held on Tuesday, March 1, 2022, at the Briggs Civic Center in Wapello. The polls for this very important election will be open from 7:00 a.m. - 8:00 p.m.
Let’s take a look at the impact that approving this levy for another ten years has on a commercial property owner’s annual property tax bill. In the Wapello CSD, we collect a portion of the Voted PPEL as Income Surtax, and the balance from Property Taxes. That split between the two may change in ration from one year to the next, but what you will see in the illustration below would be the maximum in FY 23 if the ENTIRE AMOUNT were collected as property taxes. Thus, in any given year, the amount from Property Taxes would actually be LESS than what you see in the illustration below and the attached photo, depending on the percentage of Income Surtax used that year by the school board in their budget.
Commercial Property –
If you own a commercial property with a $100,000 assessed value and multiply that by the 1/1/21 Rollback (90.0000%), you come up with a net taxable value of $90,000. That value is multiplied by the levy amount of $0.67 to come up with a value of $60.30. This is the annual amount that goes towards the Voted PPEL taxes. On a monthly basis, that is $5.03 per month.
Looking at a commercial property with a $250,000 assessed value and multiply that amount by the 1/1/21 Rollback (90.0000%), you come up with a net taxable value of $225,000. That value is multiplied by the levy amount of $0.67 to come up with a value of $150.75. This is the annual amount that goes towards the Voted PPEL Taxes. On a monthly basis, that is $12.56 per month.
These are just a couple of scenarios, if you look at the chart in the photos, you will see many more scenarios that have been developed by our partners at Piper Sandler. You can calculate your own impact by inserting your commercial property’s assessed value and working through the equations above, or on the chart. Tomorrow, we will take a look at the impact that this levy has on bare agricultural property (land only on a per acre basis) throughout the Wapello Community School District.
To learn more about this important funding stream and the projects that it funds, visit our website at www.wapellocsd.org and click on the menu button and look for the PPEL Renewal Election and look at the resources to get a better idea of the kinds of projects that we are able to fund because our voters have kept this levy in place for the past 24 years.
#WeAreWapello #WapelloTribePride
Here are the Tribe Pride winners for the week of February 21: A. Allworth, C. Ball, T. Becerra, A. Bishop, E. Hoag, J. Hoag, D. Hulet, T. Newsome, J. Ponce, K. Springsteen, and T. Wagner. Staff winner is Mrs. Abby Shafer. Congratulations!
We had a guest reader this morning in PreKB! Our own Garrett Shutt read Hop on Pop! IT WAS AWESOME!
The High School Band working hard this morning. Dessert Theater is right around the corner! March 12. Get your tickets! #fiep
For the past 18 days, we have highlighted some of the projects that the Wapello CSD Voter Approved PPEL Levy has been able to fund either on its own, or partially with funding coming from other sources. So today, let’s go a little different direction and take a look at the impact to property taxes by reauthorizing this levy. We are down to just 4 Days until this important election to reauthorize this funding stream for another ten years! As a reminder the Voted Physical Plant and Equipment Levy Renewal Election will be held on Tuesday, March 1, 2022, at the Briggs Civic Center in Wapello. The polls for this very important election will be open from 7:00 a.m. - 8:00 p.m.
Let’s take a look at the impact that approving this levy for another ten years has on an individual’s annual property tax bill. In the Wapello CSD, we collect a portion of the Voted PPEL as Income Surtax, and the balance from Property Taxes. That split between the two may change in ration from one year to the next, but what you will see in the illustration below would be the maximum in FY 23 if the ENTIRE AMOUNT were collected as property taxes. Thus, in any given year, the amount from Property Taxes would actually be LESS than what you see in the illustration below and the attached photo, depending on the percentage of Income Surtax used that year by the school board in their budget.
Residential Property –
If you own a home with a $100,000 assessed value and multiply that by the 1/1/21 Rollback (54.1302%), you come up with a taxable value of $54,130. Then subtract the homestead credit of $4,850, the net taxable value is $49,280. That value is multiplied by the levy amount of $0.67 to come up with a value of $33.02. This is the annual amount that goes towards the Voted PPEL taxes. On a monthly basis, that is $2.75 per month.
Looking at a home with a $200,000 assessed value and multiply that amount by the 1/1/21 Rollback (54.1302%), you come up with a taxable value of $108,260. Then subtract the homestead credit of $4,850, the next taxable value is $103,410. That value is multiplied by the levy amount of $0.67 to come up with a value of $69.28. This is the annual amount that goes towards the Voted PPEL Taxes. On a monthly basis, that is $5.77 per month.
These are just a couple of scenarios, if you look at the chart in the photos, you will see many more scenarios that have been developed by our partners at Piper Sandler. You can calculate your own impact by inserting your home’s assessed value and working through the equations above, or on the chart. Tomorrow, we will take a look at the impact that this levy has on Commercial Property throughout the Wapello Community School District.
To learn more about this important funding stream and the projects that it funds, visit our website at www.wapellocsd.org and click on the menu button and look for the PPEL Renewal Election and look at the resources to get a better idea of the kinds of projects that we are able to fund because our voters have kept this levy in place for the past 24 years. #WeAreWapello #WapelloTribePride
It is time for some more Throwback Thursday memories from the archives of the WHS Tomahawk. This week, more memories from the 1979 edition.
#WeAreWapello #WapelloTribePride
5 Days! Just five days until the Voted Physical Plant and Equipment Levy Renewal Election that will be held on Tuesday, March 1, 2022, at the Briggs Civic Center in Wapello. The polls for this very important election will be open from 7:00 a.m. - 8:00 p.m.
Did you know that Voted PPEL Funds were used to build the Greenhouse that is utilized by our Agricultural Education Department and FFA? At the time, there had been discussions for several years to build a Greenhouse that could be utilized by our Agricultural Education Department and FFA that would allow students to gain hands on experience in growing different kinds of plants in an educational lab type setting. Over the years, the greenhouse has proven to be a useful tool and a way of making money for the FFA while giving students real world experience in several different areas. Whether that be plant propagation, greenhouse management, ag sales, or even with upgrades to the facility by adding additional plumbing in the greenhouse or electrical. All areas have played an important role in shaping Wapello High School Students for life beyond the walls of K-12 education. The Wapello FFA has produced multiple State Champion teams in the areas of Nursery/Landscape and Floriculture. Having a greenhouse that students can utilize has definitely been a big plus to those students. Graduates from Wapello have also gone on to own their own Nursery/Landscape and Greenhouse related businesses. By using the Voted PPEL revenue the costs to build the Greenhouse didn’t affect our General Fund Budget and keeps more money in the budget for programs for our students and in this case, it enhanced programs that are funded through the General Fund Budget, and allows our students expanded opportunities! That is today's Voted PPEL Fact, so now you know!
To learn more about this important funding stream and the projects that it funds, visit our website at www.wapellocsd.org and click on the menu button and look for the PPEL Renewal Election and look at the resources to get a better idea of the kinds of projects that we are able to fund because our voters have kept this levy in place for the past 24 years.
#WeAreWapello
Notice of Public Hearing:
The Wapello Community School District Board of Directors will hold a public hearing at 6:00 p.m. on Wednesday, March 9, 2022 in the Board Room of the Wapello Community School District, Central Administration Office, located at 406 Mechanic Street, Wapello, IA 52653. The purpose of the Public Hearing will be for purposes of receiving input on the proposed 2022-2023 School Calendar in accordance with Chapter 279.10 of the Code of Iowa.
The proposed calendar is available to view on our website by clicking on this link: https://www.wapellocsd.org/page/22-23-wapellocsd-calendar-draft
Those wishing to give comments regarding the proposed calendar can do them in person at the meeting on March 9, 2022, or residents may file written comments by emailing them to eric.small@wapellocsd.org
#WeAreWapello #WapelloTribePride
The Wapello CSD food pantry will be open Thursday, February 24th from 3:45 - 5:00. We have milk, eggs, apples, onions, ground beef and pork loins!
Elias Williams was our 1st grade “Star of the Week!” He did a wonderful job reading his story and sharing his favorite snack with us!
The Wapello Jr/Sr High Daily Announcements for Wednesday, February 23, 2022 have been posted to our website and mobile app. They can be found in the documents folder, or by clicking on this direct link: https://5il.co/1652m
#WeAreWapello #WapelloTribePride
DC Travelers… there is a meeting tonight in Mr. Brown’s room at 5PM. Important travel info will be discussed.
6 Days! Just six days until the Voted Physical Plant and Equipment Levy Renewal Election that will be held on Tuesday, March 1, 2022, at the Briggs Civic Center in Wapello. The polls for this very important election will be open from 7:00 a.m. - 8:00 p.m.
Did you know that Voted PPEL Funds can be used to refinish our gym floor surfaces? Over time, our gym floor playing surfaces get worn down and need revitalized to allow for a safe playing surface for our students and athletes. Typically, every five to seven years, we have the surface totally refinished by sanding the finish down to the bare wood. This is a time intensive process that takes all of the finish and painted lines off of the floor. Once the floor has been sanded down, the lines and center court logo are repainted, and a new finish is applied to the floor. In between the major refinishing, our maintenance department applies a maintenance coating of wax to keep the playing surface in great shape. Since this process is very time and labor intensive, it is a significant cost to complete. The Voted PPEL allows for these costs to be paid for from revenues collected through the Voted PPEL Levy since this type of work is considered upkeep of our Physical Plant. By using the Voted PPEL revenue the costs don’t affect our General Fund Budget and keeps more money in the budget for programs for our students! That is today's Voted PPEL Fact, so now you know!
To learn more about this important funding stream and the projects that it funds, visit our website at www.wapellocsd.org and click on the menu button and look for the PPEL Renewal Election and look at the resources to get a better idea of the kinds of projects that we are able to fund because our voters have kept this levy in place for the past 24 years.
#WeAreWapello #WapelloTribePride
It is time for some more Throwback Thursday memories from the archives of the WHS Tomahawk. This week, more memories from the 1979 edition.
#WeAreWapello #WapelloTribePride
Just a reminder, today there will be a 1:00 p.m. early dismissal today for staff professional development. #WeAreWapello #WapelloTribePride
