NOTICE OF SPECIAL ELECTION THE SCHOOL DISTRICT OF COLUMBIA, BOONE COUNTY, MISSOURI

Notice is hereby given to the qualified voters of The School District of Columbia, Boone County, Missouri, that the Board of Education of the District has called a special election to be held in the District concurrently with the general municipal election on Tuesday, April 5, 2016, commencing at 6:00 A.M. and closing at 7:00 P.M., on the questions contained in the following sample ballot:

Bond Election Ballot Language

QESTION 1

Shall The School District of Columbia, Boone County, Missouri, be authorized to increase the operating tax levy by sixty-five cents ($0.65) per one hundred dollars of assessed valuation for general school operating purposes, including maintaining current programs, providing support for an increasing student enrollment and assisting in recruiting high-quality faculty? If this proposition is approved, the District’s adjusted operating tax levy ceiling is estimated to be $5.1437 per one hundred dollars of assessed valuation.

QUESTION 2

Shall The School District of Columbia, Boone County, Missouri, issue its general obligation bonds in the amount of Thirty Million Dollars ($30,000,000) for the purpose of paying costs of acquiring, constructing, improving, extending, repairing, remodeling, renovating, furnishing and equipping new and existing school facilities and acquiring land therefor, including, without limitation, acquiring and developing land and preparing plans for a new middle school, constructing additions to two elementary schools, renovating and expanding a cafeteria kitchen, improving outdoor middle school athletic facilities, repairing or replacing roofs, windows, parking lots, and heating and air conditioning, and improving technology? Approval of this question is expected to result in no increase of the District’s current debt service tax levy, which is estimated to remain at $0.9719 per one hundred dollars of assessed valuation.