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Exira-EHK Patrons approved adoption of a RPS

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February 5th, 2014 by Ric Hanson

Patrons of the Exira and Elk Horn Kimballton Community School Districts have approved a Public Measure calling for the adoption of a Revenue Purpose Statement (RPS). According to the Audubon County Auditor’s Office, 57 “Yes” ballots were cast during the vote held Tuesday, while there was only 1 “No” vote.

The RPS will allow the districts to authorize the expenditure of revenues from the State of Iowa to secure an advanced vision for the education fund received by the Exira-Elk Horn Kimballton Community School District. The RPS specifies how the One-cent Local Option Sales Tax (LOST) can be used, including, but not limited to: Property Tax relief; New buildings or additions to current facilities; the lease or purchase of buildings or equipment, and more.

The RPS is typically in effect for 10-years, which for each district independently is currently in 2020. Approval of the RPS means the statement will remain in effect until replaced or amended by the Exira-Elk Horn-Kimballton School District.