Our Kids! Our Future! August 4, 2020 Bond 1 st Ballot Question 2 nd - - PowerPoint PPT Presentation
Our Kids! Our Future! August 4, 2020 Bond 1 st Ballot Question 2 nd Ballot Question 2020 Election Bond Amount $27,600,000 $6,900,000 Mill Rate Current Mill Levy lowers Current Mill Levy lowers from 21.541 mills to from 21.541 mills to
2020 Election 1st Ballot Question 2nd Ballot Question
Bond Amount $27,600,000 $6,900,000 Mill Rate Current Mill Levy lowers from 21.541 mills to 12.541 mills Current Mill Levy lowers from 21.541 mills to 15.25 mills Mill Rate Reduction 9 Mills 6.291 Mills Financing Length 20 Years 20 years
Proposition No. 1: Shall the following be adopted? Shall Unified School District No. 416, Miami County, Kansas (Louisburg), issue general obligation bonds in an amount not to exceed $27,600,000, to pay the costs to: (a) construct, furnish and equip improvements and renovations to District facilities including Circle Grove Pre-K School/Central Office, Rockville Elementary School, Broadmoor Elementary School, Louisburg Middle School, and Louisburg High School; (b) construct, furnish and equip lighting, safety and security, and technology improvements, together with necessary furniture and equipment acquisitions, throughout the District; and (c) make all
necessary improvements appurtenant thereto; all pursuant to the provisions of K.S.A. 10-101 et seq., K.S.A. 25-2018(f), K.S.A. 72-5457, and K.S.A. 72- 5458 et seq.?
Proposition No. 2: Shall the following be adopted? Shall Unified School District No. 416, Miami County, Kansas (Louisburg), issue general obligation bonds in an amount not to exceed $6,900,000, to pay the costs to: (a) construct, furnish and equip a baseball/softball complex; and (b) make all
necessary improvements appurtenant thereto; all pursuant to the provisions of K.S.A. 10-101 et seq., K.S.A. 25-2018(f), K.S.A. 72-5457, and K.S.A. 72-5458 et seq.?
Improvements
Circle Grove
& Replacement / Drainage
Rockville
Sidewalk Repairs
Broadmoor
Replacement
(Classrooms)
Louisburg Middle School
Improvements
Louisburg High School
& Equipment
District-Wide
Bond Proposal
Facility Summary
Other Capital Improvements Funded by Alternative Funds
Safety & Security Facility & Efficiency Upgrades Enhanced Learning Environments Arts, Athletics & Extracurricular
$27.6 & $34.5 Million Bond
Measures
Improvements
Addition
Replacement/Upgrades
$8.5M
$10.1M
$9M $6.9M
(30.8% of $27.6M) (24.6% of $34.5M) (36.6% of $27.6M) (29.3% of $34.5M) (0% of $27.6M) (20% of $34.5M) (32.6% of $27.6M) (26.1% of $34.5M)