Capital Bond Presentation September 24, 2019 High School - - - PowerPoint PPT Presentation

Capital Bond Presentation September 24, 2019

High School - $6,574,600

• Roof Replacement
• Construction of new STEM Lab

Middle School - $3,477,000

• Roof Replacement

Elementary Schools - $698,560

• Replacement Playgrounds
• Interior Door Replacements and Hardware

District-wide - $2,749,840

• Bathroom Reconstruction

High School & Middle School Roof Replacements

Elementary School Playground Replacements

Creation of a new STEM Laboratory

Districtwide Bathroom Reconstruction

Sample Capital Reserve Project - Summer 2019

• Would these bond projects cost the tax payer

additional funds?

• No. The principal debt service payments will remain flat. The

2008 bond debt will be expiring; 2019 bond debt would replace the former debt.

• How does the district pay for the bond?
• Through the debt service expense line in the district’s
• perational budget
• When would the district begin to make principal

payments on these bond projects?

• In the 2021-2022 school year.
• When would the projects likely commence?
• Summer 2021

Board of Education Meetings:

• September 24: Board Room, Whiporwil, 8pm
• October 22: Board Room, Whiporwil, 8pm
• November 19: Board Room, Whiporwil, 8pm

PTA Meetings:

• October 23: Pines, 9:30am
• October 24: Forest Brook, 9:00am
• October 24: Bretton Woods, 6:30pm

The recommended Capital Bond…

 Continues the district’s focus on safety and

security for students and staff

 Provides for completion of large scale capital

projects and intellectual growth and

 Continues the tradition of fiscal responsibility,

presenting a capital bond that will have no increased cost on the taxpayer

• Vote Wednesday, December 4, 2019
• 6am-10 pm
• Whiporwil
• Info available on district website

www.hauppauge.k12.ny.us

What are your questions? Thank You