Zero Tax Rate Change Bond Issue April 7, 2020 Ballot
What is Prop S? • Proposition S is a $19.5 million zero tax rate change bond issue on the April 7 ballot. • Voter approval would allow the District to borrow money to address pressing facility needs at all Ritenour’s elementary and middle schools and Ritenour High School. • Because of solid financial management and a recent increase in property values, Ritenour can make repairs and renovations without raising the debt service tax rate for district residents .
Why is Prop S Important? • Ritenour has nearly one million square feet of school facilities with a replacement value of more than $300 million. • The average age of a Ritenour school is 50 years! • These buildings are safe and well constructed, but require extensive ongoing maintenance, repair and renovation just like our homes. • Ritenour has a responsibility to ensure these facilities are properly maintained for future generations of students.
When is the Election? • The election takes place on Tuesday, April 7, 2020. • Passage of Proposition S requires 57.14 percent (4/7) yes vote – not just a simple majority.
What is a Bond Issue? • A bond issue is a traditional way for schools to borrow money to pay for major school maintenance and repair projects such as repairing tuck-pointing, replacing HVAC units, addressing safety and security needs or making upgrades to worn-out areas. • Bonds allow schools to pay for costly repairs and renovation over time instead of having to pay all at once. They also allow schools to devote most of their day-to-day operating budgets for classroom instruction and student supports instead of major repair work.
How will the funds be used? • Money from bond issues can only be used for capital expenses, such as major maintenance, repairs and renovations and equipment. • Bond funds cannot be used for operating expenses such as salaries, benefits, transportation costs, utilities, textbooks or other supplies.
Prop S: Proposed Scope of Work HVAC Replacements & Upgrades $9,850,000 Tuck-Pointing $600,000 Interior Finishes (includes painting) $250,000 Asphalt/Parking $505,000 Lighting/Energy Efficiency Replacements & Upgrades $2,860,000 Replace Playground Pads $165,000 Cafeteria Upgrades $1,200,000 Entry Canopies $415,000 RHS Weight Room & Wellness Center $1,200,000 Safety & Security Upgrades $2,455,000 Total $19,500,000
List of Projects by School Buder Elementary Iveland Elementary ● Reconfigure Main Entry to ● HVAC Upgrades Increase Safety & Security ● Safety & Security Upgrades ○ Improved Building ● Cafeteria Updates Access Controls ● Lighting Upgrades & Energy ● New Entry Canopy Efficiency Improvements ● Replacement of Playground Pad ● Exterior Brick Tuck-Pointing ● Cafeteria Updates ● Painting ● HVAC Upgrades ● Asphalt/Parking Lot Repairs ● Additional Safety & Security Upgrades ● Lighting Upgrades & Energy Efficiency Improvements ● Exterior Brick Tuck-Pointing ● Painting ● Asphalt/Parking Lot Repairs
List of Projects by School Kratz Elementary Marion Elementary ● Reconfigure Main Entry to ● Reconfigure Main Entry to Increase Safety & Security Increase Safety & Security ○ Improved Building Access ○ Improved Building Access Controls Controls ● New Entry Canopy ● Replacement of Playground Pads ● Replacement of Playground Pad ● HVAC Upgrades ● Cafeteria Updates ● Additional Safety & Security ● HVAC Upgrades Upgrades ● Additional Safety & Security ● Cafeteria Updates Upgrades ● Lighting Upgrades & Energy ● Lighting Upgrades & Energy Efficiency Improvements Efficiency Improvements ● Exterior Brick Tuck-Pointing ● Exterior Brick Tuck-Pointing ● Painting ● Painting ● Asphalt/Parking Lot Repairs ● Asphalt/Parking Lot Repairs ● Addition of New Parking Lot on the North Side of School
List of Projects by School Marvin Elementary Wyland Elementary ● Reconfigure Main Entry to ● Reconfigure Main Entry to Increase Safety & Security Increase Safety & Security ○ Improved Building Access ○ Improved Building Access Controls Controls ● Replacement of Playground Pads ● Replacement of Playground Pad ● HVAC Upgrades ● HVAC Upgrades ● Additional Safety & Security ● Additional Safety & Security Upgrades Upgrades ● Cafeteria Updates ● Cafeteria Updates ● Lighting Upgrades & Energy ● Lighting Upgrades & Energy Efficiency Improvements Efficiency Improvements ● Exterior Brick Tuck-Pointing ● Exterior Brick Tuck-Pointing ● Painting ● Painting ● Asphalt/Parking Lot Repairs ● Asphalt/Parking Lot Repairs
List of Projects by School Hoech Middle Ritenour Middle ● Reconfigure Main Entry to ● Reconfigure Main Entry to Increase Safety & Security Increase Safety & Security ○ Improved Building Access ○ Improved Building Access Controls Controls ● New Entry Canopy ● HVAC Upgrades ● HVAC Upgrades ● Additional Safety & Security ● Additional Safety & Security Upgrades Upgrades ● Cafeteria Updates ● Cafeteria Updates ● Lighting Upgrades & Energy ● Lighting Upgrades & Energy Efficiency Improvements Efficiency Improvements ● Exterior Brick Tuck-Pointing ● Exterior Brick Tuck-Pointing ● Painting ● Painting ● Asphalt/Parking Lot Repairs ● Asphalt/Parking Lot Repairs
List of Projects by School Ritenour High School ● New Weight Room / Wellness Center ● Cafeteria Renovations / Reconfiguration ● HVAC Upgrades ● Additional Safety & Security Upgrades ● Lighting Upgrades & Energy Efficiency Improvements ● Exterior Brick Tuck-Pointing ● Painting
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