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Public Schools of Petoskey

Public Schools of Petoskey. Upcoming Millage Issues Election on May 8, 2012 . Four I mportant Things to Share. 18 mill Operational Millage Renewal 1.3192 mill Sinking Fund Millage Renewal 0.40 mill Technology Bond (New) Char-Em Special Education M illage R enewal.

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Public Schools of Petoskey

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  1. Public Schools of Petoskey Upcoming Millage Issues Election on May 8, 2012

  2. Four Important Things to Share • 18 mill Operational Millage Renewal • 1.3192 mill Sinking Fund Millage Renewal • 0.40 mill Technology Bond (New) • Char-Em Special Education Millage Renewal

  3. 18 Mill Operational Millage Renewal Why? • Cornerstone of our educational funding • Required by law to get our State funding • Applies only to second homes and businesses • Provides over 60% of our operational dollars • Without this renewal, we will run out of money by late October 2012.

  4. Sinking Fund Millage Renewal What? • 1.3193 mills for 7 years on all property • Costs $132 annually for a homeowner with a $200,000 market-value house • A renewal of the existing millage with no changes • Can only be used for major infrastructure costs; no salaries, fringes or positions

  5. Sinking Fund Millage Renewal Why? • Items would otherwise have to come out of General Fund (where we pay for all of our educational expenses) • Keeps facilities and infrastructure up-to-date, safe, and inviting • Keeps community attractive to new businesses and potential community members and students • Responsible for the current excellent condition of our facilities

  6. Sinking Fund Millage Renewal What has this been used for in the past? • Replaced the aged roofs, boilers, electrical, plumbing, & parking lots in most buildings • Renovated both auditoriums into preferred performance centers • Created energy savings of over $350,000 annually • Purchased property for future expansion

  7. Current Repairs & Renovations

  8. Sinking Fund Millage Renewal New funds will be used in all district facilities: • Roof replacement • Parking lot, drive-way, & sidewalk replacement • Exterior repairs (e.g., drainage and windows) • Plumbing and restroom renovations • Selected electrical upgrades • Heating system upgrades and/or replacements

  9. Still In Need of Repair

  10. Technology Bond What? • 0.40 mills for 8 years on all property • Costs $40 - $50 annually for a homeowner with a $200,000 market value house • Can only be used on technology & communication equipment; no salaries, fringes, or positions

  11. Technology Bond Why? • Last major technology purchases: 12 years ago • Students’ projects from home cannot run on current, aged systems • Meet the needs of students & staff in today’s technology- rich world

  12. Current 12 Year Old Technology

  13. Technology Bond New funds will be used in all district facilities: • Network and fiber upgrades • Teacher & student workstation upgrades • Communication system upgrades • Safety & surveillance system upgrades • Shared technology

  14. Char-Em Special Education Millage What? • 1.16 mills for 4 years • Costs $116 annually for a homeowner of a $200,000 market value house • Pays for specialists in our district from Char-Em staff • Contributes $700,000 for support of district special education staffing • Frees up District General Fund dollars to be used in other educational programs

  15. Your vote is needed on May 8th!

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