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Notice of Sales and Use Tax for Educational Purposes

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Educational Sales Tax Notice
Pursuant to a resolution adopted by the Coffee County Board of Education (the “Board of Education”), the managing and controlling body of the Coffee County School District (the “School District”), on July 26, 2018, and a call of election issued by the Coffee County Board of Elections and Registration, as Election Superintendent, notice is hereby given as follows:

1. On November 6, 2018, an election will be held in Coffee County to submit to the qualified voters of Coffee County the following question:

1% EDUCATIONAL SALES TAX

( ) YES

( ) NO

Shall a one percent sales and use tax for educational purposes be imposed in the Coffee County School District for a period of time not to exceed twenty consecutive calendar quarters and for the raising of not more than $35,000,000 for the purposes of funding the following capital outlay projects: (i) constructing, equipping and furnishing of one or more new facilities, including a ROTC/ multipurpose facility at Coffee High School; (ii) acquiring and installing system-wide security improvements; (iii) acquiring textbooks (including e-books); (iv) acquiring, improving and installing technology upgrades (both hardware and software); (v) acquiring, installing and improving camera systems; (vi) acquiring school buses and other vehicles and school equipment; (vii) adding to, renovating, modifying, improving and equipping interior and exterior of existing school buildings and athletic facilities, including completion of the performing arts center; (ix) acquiring band instruments and equipment; and (x) acquiring any capital property necessary or desirable for the foregoing and related purposes, both real and personal?
If imposition of the tax is approved by the voters, such vote shall also constitute approval of the issuance of general obligation debt of the Coffee County School District in the principal amount of $20,000,000 for the above capital outlay purposes.


SEE THE ATTACHED DOCUMENT FOR THE COMPLETE NOTICE

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