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Proposed Capital Projects and Financing Options; Educational Programming, Safety and Security, and Facility Improvements Projects Summary

A summary of the proposed projects and financing options are explained below.  A detailed description can be accessed by viewing the attachment.

Examples of projects addressing educational programming include updating three Benjamin Middle School science labs, purchasing two portable science labs for Evergreen Elementary School, renovating the Evergreen Elementary School cafeteria to also serve as a large-group instruction room, upgrading the technology infrastructure, and replacing the student computer devices.

Samples of safety and security projects include reconfiguring the Evergreen Elementary School front entrance to better control entry to the building, upgrading the burglar system and interfacing it with the security system at both schools, and installing an elevator/lift at Benjamin Middle School so there is access to the second floor for students, staff, and visitors with mobility issues. Also, specified sections of the roofs and blacktop/playgrounds that are nearing life expectancy would be replaced.

The one facility project is to replace the interior fluorescent light fixtures with LED fixtures that are much more energy efficient and last longer.

Financing Options

Every five to six years bonds have been sold to fund capital projects since the needs exceed the annual budget revenue.  In 2005 bonds were used to pay for phase 1 of the heating and air conditioning project for sections of both schools. The remaining parts of the schools except the middle school large gym were completed in phase 2 in 2012 along with security projects. In 2017-2018, there will be the opportunity to sell bonds and lower the debt service tax rate by about 16 %.  An owner of a house assessed at $250,000 would experience an estimated $73 annual tax decrease.

Posted by: Greg Martin Published:5/31/16
Audience: Homepage