2012 usd263 bond
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2012 usd263 bond

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2012 usd263 bond Presentation Transcript

  • 1. Our , Our , Our
  • 2. Why- Needs of our Children Needs of our Schools Needs of our Teachers Needs of our CommunityHow- Board members, design teams, site councils, community representatives reviewing the needs of USD 263 2 year effort with community survey input
  • 3.  Munson Primary School ◦ Safety –Secure entrance/Traffic Flow improvements ◦ Additional Special Education Classrooms ◦ Energy Efficiencies ◦ Storm shelters Grade school ◦ Safety-Storm Shelters/Traffic flow improvements ◦ Increased classroom space ◦ Dedicated cafeteria/gymnasium Lyle Couch Stadium ◦ Safety ◦ Stadium improvements ◦ Reduced Maintenance Costs/Community Improvements Central Operations Center ◦ Consolidate Transportation/Grounds maintenance ◦ Increase Usable Maintenance Area
  • 4.  Improve student entrance for safety Enhanced Storm Shelter Greatly improve traffic congestion Increase classroom space for Special Education Additional classrooms All weather area for physical education and recess activities Modernize building ◦ Update heating and cooling systems ◦ Asbestos Removal ◦ Replace insufficient lighting ◦ Energy efficiencies (insulation and windows)
  • 5. Roof Boiler Room
  • 6.  Additional classrooms Enhanced Storm Shelter Greatly improve traffic congestion Dedicated Cafeteria Space New Multipurpose Building ◦ Dedicated physical education facility for students ◦ New classrooms dedicated to music and art ◦ Collaborate with Mulvane Recreation Center to share gym/walking track
  • 7. Can not use thecomplete Gym for class
  • 8.  Improve safety and track conditions ◦ Replace outdated track to improve safety and community/school usage ◦ New lighting to improve security and extend school/community usage Increase seating capacity ◦ Move ―Home‖ seating from East to West side of field ◦ Double seating capacity Add all-weather field surface to enhance safety and usage for students and student athletes Add Locker Rooms Additional wrestling facility Improve parking ◦ Pave and mark spaces Reduce Maintenance costs ◦ All Weather field surface eliminates grounds expenses ◦ Increase availability for other community youth sports and activities ◦ Remove current aging maintenance building ◦ Enhance appearance in the community
  • 9. Track Conditions Additional track issues
  • 10. Field and Drainage Current Grounds siteissues
  • 11.  Increase size of maintenance facility ◦ Additional space required to service larger buses ◦ Improved traffic flow with separate entrances/exits ◦ Increased lighting for security after hours access Consolidate Transportation/Building and Grounds Maintenance ◦ Cost Savings ◦ Improved logistics Improve Community Appearance with storage and buildings
  • 12. Separate No Space to work onbuildings/locations buses
  • 13.  Proposed bond will cost an estimated $1.44 per month for each $100,000 of a home’s fair market value. The total bond issue amount is not-to-exceed $13.415 million. Under current law, State will pay 20-25% of both project and interest costs—a projected benefit of $3.8 million. Governor has proposed an end to this state aid program effective June 30th, so now may be a last chance opportunity. The USD 263 total mill rate is one of the lowest in south central Kansas. Today’s bond interest rates, estimated at 3.5% for the 13- year bond, are near 50-year low levels. Bond approval will require an estimated mill levy increase of only 1.5 mills.
  • 14. Sedgwick County, KansasUnified School District No. 263Mulvane SchoolsMay 8, 2012 Bond Issue Election$13.415 Million Bond IssueEstimated Effect of a 1.50 Mill Net Increase Assessed Monthly Tax Yearly TaxType of Property Valuation Increase Increase$75,000 Home* $ 8,625 $ 1.08 $ 12.94$100,000 Home* $ 11,500 $ 1.44 $ 17.25$150,000 Home* $ 17,250 $ 2.16 $ 25.88$200,000 Home* $ 23,000 $ 2.88 $ 34.50$50,000 Comm. Property** $ 12,500 $ 1.56 $ 18.75$100,000 Comm. Property** $ 25,000 $ 3.13 $ 37.50$200,000 Comm. Property** $ 50,000 $ 6.25 $ 75.00 Yearly Tax Tax Increase Increase Per Acre160 Acres Dry Cropland*** $ 8,160 $ 12.24 $ 0.08160 Acres Native Pasture*** $ 3,120 $ 4.68 $ 0.03160 Acres Irrigated*** $ 11,232 $ 16.85 $ 0.11* For taxing purposes, residential properties are assessed at 11.5% of fair market value.**For taxing purposes, commercial properties are assessed at 25% of fair market value.***For taxing purposes, agricultural properties are assessed at 30% of use orproductivity value (not fair market value).
  • 15.  What about the other projects previously identified by the community? ◦ After carefully considering feedback from the community, the Board of Education is placing the most urgent projects before voters. What is the state aid? ◦ The current state finance formula allows additional state aid to pay a portion of the project and interest cost on the proposed bonds. The percentage of state aid (currently 51%) is based on our districts wealth per pupil. With the anticipated significant increase in our districts assessed valuation due to the casino development, we are anticipating a drop in our bond & interest state aid to 20% by 2015. The total state aid benefit (both principal and interest) is an estimated $3,805,000. These are tax monies that can be brought back from Topeka to the benefit of our children and the Mulvane community. The Governor has proposed an end to the offer of this state aid for bond issues effective June 30, 2012, so now may be a last chance opportunity to take advantage of this program. What will happen if the bond issue doesn’t pass? ◦ A no vote will not make our immediate needs magically disappear and slows down progress. To address our needs with capital outlay dollars would take far more mills and an even longer time period than the bond issue proposal.
  • 16.  www.facebook.com/MulvaneBond2012 www.usd263.com www.VoteYesMulvane.com email: info@voteyesmulvane.com