Alanson Public Schools 2024 Bond & Sinking Fund Proposals

ALANSON PUBLIC SCHOOLS

2024 Bond & Sinking Fund Proposals

Election Day is Tuesday, May 7, 2024

Funding from the Bond and Sinking Fund proposals would be used to address these issues and more.

Alanson Public Schools 2024 Bond & Sinking Fund

Millage Proposal Highlights

Bond Proposal

If approved, the district would issue bonds in an amount not to exceed $2.2 million to be be repaid over a 10-year term. The first year millage levy for the bonds is estimated to be 0.82 mill.

Sinking Fund

A renewal of the sinking fund would generate approx. $154,000 per year for five years. The sinking fund is the district’s “rainy day” fund for unexpected repairs and can also be used to proactively address issues like school security, and other purposes as permitted by law. The current sinking fund rate of 0.7258 mill would be renewed.

List of Proposed Projects for the Bond Proposal

Elementary/Middle School:

• Remove canopies above outside doors

• Replace outside steel doors

• Replace carpet in classrooms

School-wide:

• Replace carpet in library

• Replace carpet in high school corridor

• Renovate boys’ and girls’ locker rooms

• Replace bathroom partitions

• Install heating in the bus garage

• Purchase a new bus

Election day is May 7, 2024

• Technology upgrades to staff laptops, student chromebooks, improved wifi

• Furniture upgrade in library and classrooms

For a home with a market value of $100,000, the bond proposal would cost the taxpayer an additional approx. $71 per year.