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Revere High School 10.19.16

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Brenda Moll

on 19 October 2016

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Transcript of Revere High School 10.19.16

Revere Bond Issue
November 8, 2016
FACTS/Bond Issue FAQs
Be Informed!
November Bond Issue Campaign
Goal Areas
1: Performance
2: Financial Stewardship & Accountability
3: Facilities
4: Technology Integration & Infrastructure
5: Staff
6: Student Well-Being and Safety
7: Communication, Collaboration & Partnerships
8: Accountability

-Cost of Proposed Bond in the Amount of $68.2 million dollars
-"No New Tax" Partial Offset
- Economic Market - The Time is Now
* Bond Rates
* Construction Costs (12% increase in Sq. Foot Cost)
* Cost of New High School in 2006 versus 2016 ($200 per Sq. Foot Compared to $224 per Sq. Foot)
-Strong Property Values in Revere Translates to Lower Millage for Constituent
Personalized Instruction with the 5 C's
Content, Communication, Creativity, Collaboration, Critical Thinking
amilies and
ogether for
Executive Board
Dave Gifford and Tim Militzer, Co-Chairs
Karen Smik, Treasurer
Ted Konstantinopoulos, Secretary
Building Conditions
The 30 year bond, if passed, will raise $68.2 million for the district. Because we have an existing bond off in December 2016, the cost increase for a homeowner is only projected to be less than $8 per month per $100,000 home. In other words, the taxpayer is currently paying 1.59 mills or $4.64 per month for the existing bond issue that is being retired and that payment will figuratively be redirected towards the new bond. See the below chart.
What will this cost me?
* The estimated figures are based on information certified by the county fiscal office
The existing bond, which will be paid in full, was approved by the community in 1996 and was used to fund district-wide building renovations.
Please join us for a tour of Revere High School
Bath Elementary
Exterior Wall Structural Setting & Wall Movement/Vinyl Asbestos Floor Tile
Deteriorating Structure and Foundation Walls at Old Coal Bin
Wall Separation from Floor
Water Infiltration at Wall
Corroded Guard Rails and Grating at Air Intake
Full transcript