INVESTING in TOMORROW'S WORLD | Referendum 2024
Lake Crystal Wellcome Memorial (LCWM) Schools have growing needs in maintenance and upkeep to our facilities and grounds. Long Term Facilities Maintenance (LTFM) funds are not sufficient for the district to keep up with the costly repairs. On November 5, voters will be asked to vote to approve a $6.5 million bond referendum to assist in funding these projects.
Plumbing, heating, and electrical units need to be replaced due to failure and improper functioning.
Parking lots at both buildings need to be replaced due to cracks and low spots causing unsafe conditions.
Tax Impact
Did you know?
The state of Minnesota will pay a significant portion of the total bond project.
The State of Minnesota will pay approximately 35% of the district's bond payments, or approximately $2.3 million of the $6.5 million bond amount through the Ag2School Tax Credit program. This reduces the burden to the Lake Crystal Wellcome Memorial taxpayers.
Financial Impact Calculator
Click HERE to calculate the impact to YOUR taxes.