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FOR VS AGAINST
A VOTE AGAINST...
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Permanent loss of taxable commercial property value.
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Reduced funding for school operations that support students and teachers
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Reduced bonding capacity to address enrollment growth in RISD.
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Potential tax rate increase to offset impact of detached property.
A VOTE FOR...
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Allows RISD to retain all interest and sinking fund tax revenue from all property in RISD.
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Ensures RISD retains local control of all property currently within RISD.
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Provides taxpayers with a stable or potentially lower tax rate.
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