Superintendent’s Update
Dear Charlevoix Parents,
I want to take this opportunity to update you on the upcoming bond election that will be held on Tuesday, May 6, 2008. The sole purpose of this election request is to allow the school district to convert the sinking fund millage, which has been in existence since 1998 and is currently at 0.86 mills, to a bond millage for seven years at a net rate of 0.55 mills. The objective is to secure $5.9 million to address overdue building repairs, energy retrofits, technology upgrades and the purchase of school buses.
As background information, in 1998, the voters in Charlevoix approved a 1.0 mill sinking fund for 5 years. In 2003, the voters renewed the sinking fund for 6 years at a rate of 0.9 mills. Due to the Headlee rollback provision, the current rate is 0.86 mills. Unfortunately, current Michigan Law does not allow sinking funds to be used for the purchase of buses and technology but does allow those expenditures from a successful bond referendum. The majority of our buses were purchased in the 1990’s and have high mileage and approximately 2/3rds of our computers are six to eight years old. The building renovation projects will focus on elementary and middle school buildings that have structural needs and significant energy retrofitting projects which will reduce energy costs by over $100,000 per year.
In the near future, each home in the area will receive a brochure, which will explain in more detail the specific projects that will be completed with the bond as well as a list of projects that were financed from the previous sinking fund. The information will also be available on the school’s website at www.rayder.net.
Please take the time to review this question and answer brochure when it arrives in your mailbox and hopefully you’ll find it informative. If I can be of further assistance in answering any questions and/or issues that you may have about the proposed bond election, please feel free to contact me directly at 547-3204 or cjanik@rayder.net.
Sincerely,
Chet Janik
Superintendent