Promises Made, Promises Kept. Penny for Pasco is the one cent sales tax that the voters of Pasco approved in 2004, 45% of which goes directly to support the capital needs of our school system. The remaining portion is split between the county and local cities. The school system has received over $139 million in Penny for Pasco proceeds which have been used on the construction of new schools and the renovation of older schools. These funds were vital in helping the District ease massive overcrowding in our schools.
The current penny sales tax will expire in 2014, unless renewed by the voters of Pasco County this November. The Penny issue will be the last item on the November ballot. This is not a new tax, but rather an extension of the current sales tax. If approved, the Penny for Pasco sales tax will generate $226 million that will be used to provide much needed repair and renovations to aging schools. It will also be used to improve energy efficiency in schools and to retrofit and equip older schools built before 1975 with the technology students need to succeed in the 21st century. By law, none of these funds can be used for administration or operating costs. To learn more about Penny for Pasco projects and how it will be used to help our community, please visit www.pasco.k12.fl.us <http://www.pasco.k12.fl.us> .
Remember to vote on November 6th. Last item on the ballot. For more information please visit www.pasco.k12.fl.us/penniesforpasco <http://www.pasco.k12.fl.us/penniesforpasco> .