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Mendon Community Schools2013 Bond Proposal
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Facility Assessment Overview
Cost Assessments
Funding Options
Program Schedule
Overview
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
What We Looked At
Existing conditions
Needs of the school
Priorities
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Elementary
Separate staff lot from parent drop off - Safety
Add curbed walk to bus drop off - Safety Upgrade Playground – Safety / Code Improve Site lighting - Safety Replace damaged asphalt pavements and
damaged concrete sidewalks - Safety
Site Recommendations - $456,000
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Elementary
Replace Roof Upgrade group toilet rooms to make Handicap
accessible Upgrade classroom toilet rooms, fixtures and
finishes Remodel office for secure entry and add card
access system Replace damaged sections of flooring finishes Replace lockers
Architectural Recommendations - $2,513,000
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Elementary
Heating and cooling distribution system needs to be replaced
Internal water distribution system needs to be replaced
Upgrade HVAC controls – pneumatic to digital
Mechanical Recommendations - $535,000
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Elementary
Electrical Recommendations - $115,000
Replace older electrical panels Upgrade emergency lighting
Additional Work - $205,000
Remove existing 1906 building Remove existing medical office building
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Middle/High School
Long term asphalt paving replacement Running Track Replacement
PHOTO
Site/Master Recommendations - $524,600
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Middle/High School
Replace roof areas out of warranty Cafeteria area in need of renovations Replace sections of flooring Provide metal siding to prevent water
infiltration/damage
Architectural Recommendations - $2,177,000
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Middle/High School
Replace boilers and piping Replace main gym and café AHUs
Mechanical Recommendations - $1,068,000
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Middle/High School
Stadium lighting and sound system in need of replacement
Electrical panels and feeders need replacement Long term replace site lighting with higher
efficiency fixtures. Locker room lighting in need of replacement
Electrical Recommendations - $231,000
Upgrade technology Purchase new busses
Additional Recommendations - $1,697,000
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Lifespan of Building Systems
Building System Life Expectancy
Architectural – Doors, Windows, Roofs etc. 20 years
Plumbing systems 30 – 40 years
HVAC Systems 15 – 40 years
Lighting / Electrical 20 – 25 years
Cabinets / Fixtures 30 years
Interior Finishes / Furniture 10 years
PHOTO
Building Original Year Built Age
Elementary School 1955 (renovated 2005) 58
Middle/High School 1976 (renovated 2005) 37
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Why A Bond Program?
To meet the growing needs of the school
Why?
To stay safe
To maintain the life of our buildings
To keep up with the changing world
To prepare our kids and give them the best resources and education available
PHOTO
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Construction Bond Issue
Bond issue is an agreement to sell bonds to investors to fund facility improvements
Taxes are levied annually to pay back the investors with interest over a period of time. (25-30 years – like a mortgage)
Must be approved by the voters
Allowed Expenses: Major Remodeling, new facilities, busses, technology, furniture and land purchases.
Not Allowed: Repairs, Bus Maintenance, Instructional Materials, Teacher or administrator salaries.
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Financing Strategy
Minimize Taxpayer Burden
Conservative interest rate and property tax value assumptions
Time phased with needs assessment
Mill increase no greater than 1 mill
One election for all phases
PHOTO
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
The Master Plan
1 vote… 3 phases… 8 years
Phase 1 – 2014, $4.1 million
Phase 2 – 2018, $3.3 million
Phase 3 – 2022, $1.9 million
Increase millage by 1 mill level term
PHOTO
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Millage Definition The amount of mills needed for a given project(dollar amount) in a
community depends on the value of the property in the area.
The mills generated can be used either to pay back a construction bond or to pay as you go for sinking fund projects.
Property tax is calculated by taking the assessed value of a property, multiplying it by the mill rate and dividing it by 1,000.
Example: $100,000 market value home has an approximate $50,000 State Equalized Value (SEV) for tax purposes. To calculate millage:
$50,000 / 1000 = $50 per year in additional taxes for every 1 mill
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Current Debt MillsSchool Mills
Sturgis 8.37
Mendon 7
Constantine 6.8
Three Rivers 6.3
Colon 5.6
Centreville 4.0
White Pigeon 3
Nottawa 0
Burr Oak 0
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
The Impact of a 1 mill Increase
www.mytaxcalc.com/mendon
Home Market Value
Taxable Value
Average Annual Increase
Average monthly tax increase
$50,000 $25,000 $25 $5.17
$100,000 $50,000 $50 $4.16
$150,000 $75,000 $75 $6.25
$200,000 $100,000 $100 $8.33
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Investment by Type & Phase
Category Phase 1 [2014-2017]
Phase 2 [2017-2020]
Phase 3 [2021-2024]
Grand Total
Percentage of total
Building Renovation
$2,787,600 $2,178,000 $976,000 $5,941,600
64%
Athletics $0 $225,000 $22,000 $247,000 2%
Tech $38,000 $0 $0 $38,000 0.4%
Parking Lot $0 $210,000 $300,000 $510,000 5%
Technology $400,000 $300,000 $300,000 $1,000,000
10%
Security $204,000 $181,000 $30,000 $415,000 4%
Grounds $246,000 $13,000 $29,000 $288,000 3%
Demolition $205,000 $0 $0 $205,000 2%
Buses $265,432 $203,078 $228,586 $697,096 7%
Grand Total $4,146,032 $3,310,078 $1,885,586 $9,341,696
100%
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Vote on February 25, 2014
Next Steps