welcome to the bond committee
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Welcome to the Bond Committee. October 25, 2012 Kelloggsville Public Schools. Tonight’s work. Purpose Process Questions and Answers Where to from here. Purpose. Building the team What are the needs? Recommendation to the Board Community’s Schools = Community’s Involvement. - PowerPoint PPT PresentationTRANSCRIPT
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Welcome to the Bond Committee
October 25, 2012Kelloggsville Public Schools
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Tonight’s work
• Purpose• Process• Questions and Answers• Where to from here
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Purpose
• Building the team• What are the needs?• Recommendation to the Board• Community’s Schools = Community’s
Involvement
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Process: what is a bond?
Lump sum amount that a district borrows through the sale of bond.
Payments are made through levied millage
Bonds purchase buildings and other large items. Such as. . .
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Bonds = buildings
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Bonds = renovation
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Bonds = improving sites
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Bonds = improving sites
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Bonds = Technology
• Infrastructure vs. device
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Bonds, General Funds purchase. . .
• Staff or salaries• Maintenance, operating, or utility costs (e.g.
the heating bill)• Training, professional development• Software (unless included in a hardware
purchase
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What millage do we currently pay?
• 7.3 mills• Last levy: December, 2014• Annual yield: Approximately $2.4 million
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What will schools look like?
• Schools are very different places now compared to 20 or 30 years ago.
• The change will probably continue.• http://www.youtube.com/watch?v=AhoOG5Kf
1w4
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Questions and Answers in small group
• Introductions• What questions do you have?• What’s important to you in school facilities,
technology, athletics, etc?• Feedback on the meeting: how did this go?
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Where to from here?
• Get into the facilities• Engage an architect for expertise• Brainstorm, brainstorm, brainstorm• Funnel (to a recommendation)• Other?
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A quick math problem
• 7 (hours per day for students)• 180 (days per year for students)• 1,260 (hours per year for students)• 16,380 (hours per K-12 experience for
students)• Point: this work is very important!