What can bond proposal revenue be used for?
• Bonds can be used for:
• Constructing additions to existing school buildings
• Remodeling existing school buildings
• Energy conservation improvements
• Site development and improvements
• Athletic and physical education facility development and improvements
• Playground development and improvements
• School bus purchases
• Purchasing loose furnishings and equipment (including administrative technology)
• Direct bond program costs, such as professional fees, election fees, issuance costs, qualification fees, insurance fees, and final audit costs
• Technology purchases are limited to hardware and communication devices that transmit, receive, or compute information for pupil instructional purposes only. The initial purchase of an operating system and customized application software is allowed if purchased with the initial hardware.
What is a bond?
A bond is a state-approved funding process for an identified list of projects. When voters approve a bond proposal, the school district sells bonds in the authorized amount and uses the bond sale proceeds to pay for the bond proposal projects. Bonds are typically paid back in 20-30 years.
In many ways, the bonding process is like a homeowner refinancing their home and making payments over a period of years. The Vassar Public Schools no-tax-rate increase bond proposal length is 22 years.
The second proposal on the February 27th ballot seeks voter approval to renew and restore the ten-year, 18-mill non-homestead millage proposal originally approved by voters after the passage of Proposal A in 1994. To restore the full 18 mills, the proposal calls for renewing the current 17.8212 mills and adding an additional .5 mills. The additional .3312 mills will only be levied if the 18 mills are reduced due to the Headlee Amendment and fall below the maximum amount allowable of 18 mills. All school districts in the State of Michigan are required to levy 18 mills on non-homestead property to receive their full foundation allowance.
Are you joining us tomorrow for soup with the Sup? This is a great chance to learn more about the No-Tax-Rate Increase Bond Proposal and the Non-Homestead Millage Proposal in the February 27, 2024 election. Learn more about the bond, tour the building, and ask questions about the proposals. We hope to see you soon Be sure to join us tomorrow, December 28, from 4 pm to 7 pm at Central Elementary!
The first proposal on the February 27th ballot is a $6.1 million no-tax-rate increase bond proposal designed to address Americans With Disabilities Act (ADA) safety requirements, install vape detection sensors, update the learning environment, update instructional technology, replace parking lots and concrete, upgrade playgrounds, replace HVAC equipment and improve ventilation, purchase buses, improve athletic spaces and purchase athletic equipment, make interior/exterior infrastructure improvements, such as roofs, adding electronic signs, and replacing boilers.
When is the election?
The election will be held on Tuesday, February 27, 2024. The polls will be open from 7 a.m. until 8 p.m. Absentee ballots will be available after January 18, and can be cast through Election Day.
Vassar Public Schools has placed two proposals on the February 27, 2024 ballot. To see a list of frequently asked questions, visit the following link https://5il.co/2ax05
We are a week away from soup with the Sup! Be sure to join us on Thursday, December 28, from 4 pm to 7 pm at Central Elementary for your chance to learn more about the No-Tax-Rate Increase Bond Proposal and the Non-Homestead Millage Proposal in the February 27, 2024 election. Learn more about the bond, take a tour of the building, and ask us questions about the proposals. We hope to see you soon!
The students and staff at Vassar Public Schools wish everyone a safe and happy winter break. We look forward to seeing students when school resumes on Monday, January 8!
Congratulations to our December True Value winners, Colton Glenn and Paisley DeLorey. Thank you for being great Vulcans!!!
Hey Vulcans!
The Board of Education has approved the two bond proposals for the February 27, 2024 Election, and we want to talk to you about it! Join us at the following events to learn more about the No-Tax-Rate Increase Bond Proposal and the Non-Homestead Millage Proposal. Take a tour of the building, and ask us questions about the proposals:
Thursday, December 28, from 4 pm- 7 pm at Central Elementary for Soup with the Sup
Wednesday, January 10, from 5:30-8 pm at Townsend North for Cookies with Dot
Tuesday, February 13, from 4:30-6 pm in the 6-12 Auditorium for a Townhall Meeting.
Shop with a Hero took place at Walmart on December 5th.
These students chose to use their positive behavior tickets to have lunch with Officer Hammill today!
Vassar Public Schools would like to thank Dennis Miller from Farm Bureau Insurance Agency and McLaren CaroRegion who each generously donated AEDs to the district. We look forward to utilizing these devices at our athletic events.
Charley used her positive behavior tickets she has earned to have lunch with Mrs. Riccobono today!
Congratulations to the True Value November Be a Star winners: Ione Smith and Adalynne Otis! Thank you for being good role models!
Mark your calendars - someone special is coming to town...
The Grinch!
Join Officer Hammill, Central Shop Rite, and the Thumb Area Mud Runners as they try to grow the Grinch's heart three sizes on December 9 for the Stuff a Cruiser event. This is a great opportunity for local kids to meet the Grinch, decorate a cookie, do a craft, and help families in need.
Good Evening, Vulcan Families!
School will resume tomorrow, Monday, November 27.
Good Evening Vulcans! There will be no school next week to allow you time with family and friends. classes will resume on Monday, November 27. Vassar Public Schools wishes each of you a safe and Happy Thanksgiving!
Reminders from Central: 2 more days of the Scholastic Book Fair and 2 more days of our Holiday Coin Drive (currently, Mrs. Taylor and Mrs. Goforth are in the lead for earning a pizza party).