The proposed bill would update current statutes related to school district elections by introducing new requirements for ballot language concerning budget overrides and bond issuances. Specifically, it would insert provisions that mandate ballots for these elections to include a statement detailing the estimated average secondary property tax reduction if voters reject the proposal, along with the date this reduction would take effect. This aims to enhance voter understanding of the financial implications of their decisions. Additionally, the bill would require that arguments for and against budget increases include sworn statements from individuals, whose names would be published in an informational pamphlet.

Moreover, the bill would make technical adjustments to ensure consistency in terminology and update the maximum allowable budget increase without an election from "fifty thousand dollars" to "$50,000." It would also clarify the process for school districts to submit proposed ballot language for review, ensuring compliance with the new requirements. While the core information currently required on ballots remains unchanged, these updates are designed to improve transparency and clarity in the election process for school budget increases.

Statutes affected:
Introduced Version: 15-481, 15-491, 15-949, 16-204, 15-905, 42-12003, 42-12001, 15-422, 15-423, 15-424, 15-426, 15-403, 15-947, 15-482, 15-971, 15-447, 15-342, 15-493, 15-401, 15-402
Senate Engrossed Version: 15-481, 15-491, 15-949, 16-204, 15-905, 42-12003, 42-12001, 15-422, 15-423, 15-424, 15-426, 15-403, 15-947, 15-482, 15-971, 15-447, 15-342, 15-493, 15-401, 15-402