By: Clay Koenig, Superintendent Shall the River Ridge School - PowerPoint PPT Presentation

By: Clay Koenig, Superintendent

 Shall the River Ridge School District, Grant County, Wisconsin be authorized to issue pursuant to Chapter 67 of the Wisconsin Statutes, general obligation bonds in an amount not to exceed $2,300,000 for the public purpose of paying the cost of constructing and equipping an outdoor educational facility, including athletic fields and site improvements; and refinancing state trust fund loans issued to provide interim financing for the purpose described above?

 The referendum discussion is built around the following premises: refinance the existing $1.7 million trust fund loans, reimburse the district costs previously incurred by the district, and to cover any expenses incurred to complete the project.

 $150,000 operating referendum expired in 2019  If the referendum passes, the project will be aided 30% by the State over 19 years, saving the District and taxpayers an estimated $650,000-$750,000

 November 2014 - $13 million referendum for combined site and outdoor facility – failed  November 2016 - $1.5 million referendum for improvements to athletic fields – failed  November 2016 - $9.5 million referendum for combined PK-12 campus - passed  November 2017 – PK-12 campus consolidation

 McKinstry  Rettler  FEH/Kraemer Brothers  Delta 3  Top Notch/local entities  Highest bid was $1 million more than what we spent  Lowest bid was not a fully functioning facility

 Site elimination  Selling of Bloomington Site  Cost savings and efficiency  Approx. $60,000 per year to run Bloomington Site  Construction inflation  Increase of approx. $80,000 per year  $125,000 - $150,000 price increase for the District per year to wait  All students and activities at one site

 In 2-3 years, track and football field would need moderate repair attention  Unknown heating issues and structure of the building  Boiler system has been repaired but not concrete longevity

 All phy. ed. classes  Marching band  Ag  Outdoor learning environment, turf management, landscaping  Increased academic time  Wellness Club  Fuel Up to Play 60  Recess  Tech Ed.  Remodeling  Hands on learning  Art Class

 All students and events at one site  Easier to maintain  Safety of students  No traveling  Best facility in the conference  Lighting for JV events  Ability to develop younger talent  Fewer early dismissals for events  Host larger athletic events  Safer playing surfaces  More efficient/larger storage

 Use of track  Ability to watch multiple events  Community partnerships with Relay For Life, for example

 Athletic Fields/Track  Fencing  Press box  Lighting  Seating  Etc.

 Fix retention pond  Parking  Access road for parking  Equipment for maintaining facility  Additional fencing  Dugouts for softball and baseball

 $49 per $100,000 at an estimated 3.75%interest  Current mill rate: 11.22  Projected mill rate if referendum passes: 11.71  The projected mill rate of 11.71 would still be the next lowest since 2013.

 Will go to referendum again with small changes to the question  Operating referendum

 We value our District  We support our students, staff and school  We want the best facilities for our students  We are committed to the future success of our school and the small communities that make it up