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Building a Better Future: Understanding Bond Committees and Community Involvement

Welcome to the Kelloggsville Public Schools Bond Committee meeting on October 25, 2012. Our purpose is to build a strong team to address the needs of our schools and recommend actions to the Board. This meeting will cover what a bond is, how it can finance buildings, renovations, and technology improvements, and where we currently stand with our millage rate. Join us for an engaging discussion with Q&A to share your thoughts on school facilities, technology, and athletics. Together, we can pave the way for our students' bright future!

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Building a Better Future: Understanding Bond Committees and Community Involvement

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Presentation Transcript

  1. Welcome to the Bond Committee October 25, 2012 Kelloggsville Public Schools

  2. Tonight’s work • Purpose • Process • Questions and Answers • Where to from here

  3. Purpose • Building the team • What are the needs? • Recommendation to the Board • Community’s Schools = Community’s Involvement

  4. 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. . .

  5. Bonds = buildings

  6. Bonds = renovation

  7. Bonds = improving sites

  8. Bonds = improving sites

  9. Bonds = Technology • Infrastructure vs. device

  10. 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

  11. What millage do we currently pay? • 7.3 mills • Last levy: December, 2014 • Annual yield: Approximately $2.4 million

  12. 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=AhoOG5Kf1w4

  13. 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?

  14. Where to from here? • Get into the facilities • Engage an architect for expertise • Brainstorm, brainstorm, brainstorm • Funnel (to a recommendation) • Other?

  15. 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!

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