Logan-Rogersville R-VIII

The current bonds issued do not pay off until 2027, 2039, and 2042. The Debt Service Levy of $0.93 must remain the same to continue paying these bonds.

Without the passage of the 2026 No-Tax Increase Bond Referendum, it will take many years to complete renovations, improvements, and additional classroom space. The district will do its best to continue completing small individual projects as current funding allows, but it will not be possible to keep up with student growth without the passage of this referendum.

The next sizable opportunity for a No-Tax Increase Bond Referendum will be available in 2033 when those series of bonds are scheduled to pay off, and we have recaptured some equity within our 15% capacity. In Missouri, schools are limited to 15% bonding capacity of their current assessed valuation.

The FAQs include an example of the voting record over the past 3 decades. In 1998, $0.29 rolled back, but then in 2002, just 4 years later, the need to add back $0.35 to build a high school due to student growth had to be approved by voters.

We are optimistic we can keep up with student growth without an additional tax increase in the near future, given the current debt service levy of $0.93.

A bond is authorization for a school district to borrow money and to establish a tax rate to pay off the debt over time.  The bond only pays for capital projects, such as facilities and equipment, and may not be used for regular operational costs like salaries or supplies.

A 4/7 majority, or 57.1% plus 1 vote, is required to pass a bond issue.

This is possible thanks to the district's sound fiscal management. Due to refinancing and paying off some debt early, $24 million in bonding capacity is available to reissue to complete the needed Phase III improvements and expansions.

Work would begin immediately on projects that could be completed during the summer of 2026 in order to avoid disruptions during the school year and protect the educational environment as much as possible. Work will continue throughout the 2026 – 2028 school years.

$0.93 of the current tax levy is allocated to pay off existing bonds. This debt service levy has remained very consistent for the past 15 years, ranging between $0.86 – $0.97 since 2005.

Realtors agree that a quality school system attracts buyers to an area. Many home buyers ask about the school district before making a decision. In addition, companies considering new locations insist on a strong educational system for their employees' children. 

Knowing that Logan-Rogersville School District has excellent faculty and staff and safe, modern facilities remains a deciding factor for many families and businesses choosing to be part of the Logan-Rogersville community. This has been demonstrated over the past several years, as property values in LR have risen relative to those in surrounding school communities.

Phase I Projects (Total $8.7M)

• Secure Entrances (PS, ES, UE, MS, HS)
• Elementary Renovation/Addition
  • Storm Shelter Addition
  • Kitchen/Cafeteria Renovation
  • New Library Media Center
• New Upper Elementary Office Space
• Athletic Facility Safety/Accessibility Renovations
• Middle School Library and Gym Renovations

Phase II Projects (Total $36.5M)

• Elementary School Addition
  • Eight Classrooms
  • Conference Room
  • Two Office Spaces
  • Restrooms
• Primary School
  • Storm Shelter Addition
  • Library Renovation
  • Early Childhood Program Playground Update
• Middle School Classroom Renovations
• High School Safety & Security Office Addition
• Wildcat Stadium & Baseball Complex Renovations
• Multipurpose Facility & Tennis Complex