To the Ovid-Elsie Community,
Over the next few weeks you will begin to see a great push to get information to the public in regards to our bond extension proposal. This proposal is a NO MILL increase and will be voted upon on Tuesday, May 6th.
Often I am asked, “Why is the District holding a Special Election rather than waiting for August?”
Well, there is a simple and very real answer as to why we cannot wait until August. Preliminary Qualification for bonds will not be permitted for a new bond issue that requires School Bond Loan Fund (SBLF) borrowing once the total SBLF loans exceed $1.8 billion. According to the Department of Treasury, that is expected to happen with the May 1, 2014 borrowings (many districts will have bond issues on the May ballot). If the $1.8 billion is reached in May then that means new bond issues will not be available until 2016.
A no mill bond extension means that our voters can approve extending our debt period for 5 additional years. It is like refinancing your home and taking cash out to conduct much needed repairs. By extending the debt term, the millage will not increase for the life of any of our bonds.
Taking a “Band-Aid approach” with aged buildings is less cost effective and can drain dollars from our operating budget. Every dollar diverted to these projects is a dollar diverted away from the classroom. This process has been vetted through our Strategic Plan and through many, many community meetings and forums. We have gone out to the community and solicited input and we have invited the community in to be part of the process. The need for safe, properly-functioning buildings and adequate technology for student learning are not “wants”, but rather “needs” that will lead us to better results in the classroom.
I want every student from pre-school to 12th grade to be able to walk through our buildings and feel good about being a Marauder. I want them to be self-motivated – knowing that when they walk through those school doors, they will receive the very best and thus, they will give their very best.
Please, take time to talk to school staff, talk with your Board of Education, or come and take a tour of our school buildings. Make an informed decision when you go to the polls and help us Secure Our Future.
Dr. Ryan L. Cunningham, Superintendent
Ovid-Elsie Area Schools