SJPS bond election is May 5Residents of the St. Johns School District will head to the polls May 5 for the annual school election. An extension of the current bond is included on the ballot. Following is the exact wording of the proposal as it will appear on the ballot.
Bonding Proposal
Shall St. Johns Public Schools, Clinton and Shiawassee Counties, Michigan, borrow the sum of not to exceed Seventy-Three Million Nine Hundred Seventy-Five Thousand Dollars ($73,975,000) and issue its general obligation unlimited tax bonds therefore, for the purpose of :
Erecting, furnishing and equipping additions to and remodeling, furnishing and refurnishing and equipping and re-equipping school buildings; acquiring and installing educational technology improvements to school buildings; purchasing school buses; acquiring land; erecting, furnishing and equipping a new elementary school; erecting, furnishing and equipping athletic facilities and developing and improving athletic fields, play fields and sites?
The following is for informational purposes only:
The estimated millage that will be levied for the proposed bonds in the first year of the levy, under current law, is 2.61 mills ($2.61 on each $1,000 of taxable valuation) for a net -0- increase from the prior year’s levy. The maximum number of years the bonds may be outstanding, exclusive of any refunding, will not exceed thirty (30) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 5.29 mills ($5.29 on each $1,000 of taxable valuation).
If the school district borrows from the State to pay debt service on the bonds, the school district may be required to continue to levy mills beyond the term of the bonds to repay the State.
(Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating costs.)
Detailed information on the bond proposal is available by contacting St. Johns Public Schools district office, 989-227-4002, email to bond@stjohns.edzone.net; and online at the web site of the Schools for Tomorrow Committee, www.schoolsfortomorrow.org
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This bond proposal is fiscally responsible and will eliminate the disparity in class sizes across the St. johns distirct at the elementary level. It will provide our children with the necessary skills and equipment to be the best in their fields. It is time for our community to invest in our future and help “pay it forward” for those who voted for past millages to provide what we had in school when we were there. What was good enough for us is not good enough for our kids and the future. The times have changed. We need to change. People need to get all the information and here both sides of the issue, before they go off spouting at the mouth looking ignorant and uneducated, stating that this is not needed and excessive. Pay it forward!