Diese Präsentation wurde erfolgreich gemeldet.
Wir verwenden Ihre LinkedIn Profilangaben und Informationen zu Ihren Aktivitäten, um Anzeigen zu personalisieren und Ihnen relevantere Inhalte anzuzeigen. Sie können Ihre Anzeigeneinstellungen jederzeit ändern.

Athens sinking fund 2016 boe update 03 21 2016

239 Aufrufe

Veröffentlicht am

Athens Sinking Fund 2016 BOE Update 03 21 2016

Veröffentlicht in: Bildung
  • Als Erste(r) kommentieren

Athens sinking fund 2016 boe update 03 21 2016

  1. 1. Athens Area Schools Community Meeting Proposed August 2016 Sinking Fund Millage February 23, 2016
  2. 2. • Introductions • Sinking Fund vs Bond Funding Overview • Sinking Fund Financial Information • Present Potential Scope Items • Present Five Year Plan • Small Group Discussions • Large Group Reporting Tonight’s Agenda
  3. 3. Sinking Fund • Money is brought into the school each year • 5 Mill tax limitation • 20 year term max • No Busses, Technology, Furniture or Equipment Funding Options Bond Funding • One lump sum at the beginning • 40 year term max • Large capital projects • Busses, Technology, Furniture and Equipment
  4. 4. Total of 4.50 mills • May 2010 bond issue (4.31 mills) •Expires Dec. 2016 • May 2015 bus bond issue (max of .81 mills) •Levy at .19 until Dec 2016 •Raises to max of .81 mills in 2017 •Expires 2021 Current Millage
  5. 5. • 3.50 - 3.69 mills generates approximately $570,000 - $600,000 each year • Over 5 years approximately $2,850,000 - $3,000,000 • Spend as money comes in • No Busses, Technology, Furniture or Equipment Sinking Fund Proposal paired with May 2015 bus bond = no millage increase
  6. 6. 1. Planning Tasks Oct. 2015-Feb. 2016 • Facility Walkthrough • Identify Priorities • Assign Preliminary Budgets 2. Community Meeting #1 Feb. 23, 2016 • Present Preliminary Plan 3. Refine Plan Based on Input Feb. 24-Apr. 10 4. Community Meeting #2 April 11, 2016 • Review Final Draft of Plan Process Timeline
  7. 7. 5. Board Review and Approval April 18, 2016 6. Deadline for Ballot Information Form to County Clerk May 10, 2016 7. Campaign May – Aug. 2016 8. ELECTION August 2, 2016 Process Timeline (continued)
  8. 8. Proposed Priorities •Site: • Install Barrier Free Sidewalk to Main Entry •Building: • Flooring Replacement East Leroy Elementary
  9. 9. Proposed Priorities Athens Junior/Senior High School Site: • Parking Lot Upgrades / Modify Access Drive to Student Parking Lot • Replace Stadium Home-Side Bleachers / Press Box Upgrades Building: • Flooring Replacement • Restroom Renovations • Roof Replacement • Gymnasium Bleacher Replacement Mechanical: • Domestic Water Piping Replacement
  10. 10. High School Bleacher Replacement • Replace failing stadium bleachers with new aluminum bleacher system • Renovate existing press box structure. Improvements to include new siding, windows and electrical service • Replace wood gymnasium bleachers with new motorized molded plastic bleacher system Year 1 (Summer 2017) Total Project Cost: $510,000
  11. 11. High School • Replace all domestic water piping • Install new domestic hot water tank • Remodel student toilet rooms • Remodel public restrooms near cafeteria Year 2 or 3 (Summer 2018 or 2019) Total Project Cost Year 2 or 3: $690,000
  12. 12. Year 4 (Summer 2020) No Work Proposed
  13. 13. High School • Replace all VCT and carpet flooring • Parking lot renovations • Reconfigure access drive at student lot • Repave existing lot/abandon east drive • Repave north drive lane • Grade ‘C’ and ‘D’ roofing replacement Year 5 (Summer 2021)
  14. 14. East Leroy Elementary • Replace all VCT and carpet flooring • Install barrier free sidewalk from parking lot to main entry vestibule Year 5 Continued (Summer 2021) Total Project Cost Year 5: $1,710,000
  15. 15. Small Group Discussion
  16. 16. 1. Are these the right priorities? Why or why not? 2. Are the proposed projects placed in the correct order? Why or why not? 3. Do you support a 3.66 Mill Sinking Fund if your current property taxes are not increased? Why or why not? Small Group Questions
  17. 17. Thank you for your time and thoughts!

×