Growth ”It  wasn’t  raining  when  Noah  built  the  ark.”  —  Howard  Ruff  

Student Enrollment

1999–2011 actual student blended count. 2012–2015, Stanfred Associates conservative estimate.

Facilities

 “Even  if  you’re  on  the  right  track,  you’ll  get  run  over  if  you  just  sit  there.”  —  Will  Rogers    

This is about our kids!

 “People  who  are  crazy  enough  to  think  they  can  change  the  world,  are  the  ones  who  do.”  —  

Apple  Computers  

Early grades, larger classes …

Next year: high school all grades above 30

“I’ve  missed  more  than  9,000  shots  in  my  career.  I’ve  lost  almost  300  games.  26  Omes,  I’ve  been  trusted  to  take  the  

game  winning  shot  and  missed.  I’ve  failed  over  and  over  and  over  again  in  my  life.  And  that  is  why  I  succeed.”  —  Michael  

Jordan  

The longest school ”Whether  you  think  you  can  or  think  you  can’t,  

you’re  right.”  —  Henry  Ford  

How did we get here?

“The  difference  between  ordinary  and  extraordinary  is  that  liUle  extra.”  —  Jimmy  Johnson  

November 8 “The  best  way  to  predict  the  future  is  to  create  it.”  —  Abraham  Lincoln  

an  iPod  story  

“Twenty  years  from  now  you  will  be  more  disappointed  by  the  things  that  you  didn’t  do  than  by  the  ones  you  did  do.  So  throw  off  the  bowlines.  Sail  away  from  the  safe  harbor.  Catch  the  trade  winds  in  your  sails.  Explore.  Dream.  Discover.”  —  Mark  Twain  

What does this cost? RJ Naughton, a senior associate at Stauder Barch & Associates, a

financial firm, explains that the bond amount of $6,735,000 will fund a project amount of $6,300,000 million, bond issuance costs, as well as capitalized interest. Capitalized interest is needed to cover the first bond payment on November 1 since that occurs before the first possible debt levy on December 1.

The interest on the bonds will be determined when the bonds are priced. There will be a fixed interest rate on the bonds and an additional variable interest rate on the School Bond Loan Fund loan. The SBLF interest cost depends on future Taxable Value and actual SBLF interest rate. Currently the interest rate on a 30 year bond is approximately 5.15% and the interest rate on the SBLF loan is approximately 5%. For projection purposes, we estimated a 5.75% rate on the bonds and a 5% rate for the SBLF loan.

The bond term is just under 30 years. The number of years at the highest millage of 7.85 mills depends on future Taxable Value. Millage will be levied throughout the bond term and it is possible that the highest millage will levied for less than the bond term.

$6,735,000

2.35 mil increase

 “The  only  thing  worse  than  being  blind  is  having  sight  

but  no  vision.”    —  Helen  Keller  

29 years, 3 months

Building a Stronger Community

“If  not  us,  who?  If  not  now,  when?”    

—  John  F.  Kennedy  

Facility  Improvement  Team  Michael  R.  Barley    Lewis  Chalker  David  L.  Chryst,  Co–Chair    Dennis  Kuhn    Pat  Kuhn    Todd  Kulawiak    Réne  LaFreniere    Jennifer  Marlow,  Co–Chair  Nicole  Miller    Chris  Nuckels    Ray  Pahl    Bob  Sommerville,  AAI,  Inc.  Rob  Train,  Granger  ConstrucOon  Co.  Jason  VanBrocklin    

The  Facility   Improvement  Team  met  several  Omes  from  April   to  June   to   formulate   a   plan   to  recommend   to   the   Board   of  EducaOon.   The   team   had   14  regular   members,   though  others   did   aUend   some   of   the  meeOngs.    

Thank You