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Questions and Answers on the Reek Referendum
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VOTE
REEK SCHOOL
OCT 18R E F E R E N D U M
VOTE
REEK SCHOOL
OCT 18R E F E R E N D U M
VOTE
REEK SCHOOL
OCT 18R E F E R E N D U M
VOTE
REEK SCHOOL
OCT 18R E F E R E N D U M
Please
VOTE
REEK SCHOOL
OCT 18R E F E R E N D U M
VOTE
REEK SCHOOL
OCT 18R E F E R E N D U M
VOTE
REEK SCHOOL
OCT 18R E F E R E N D U M
VOTE
REEK SCHOOL
OCT 18R E F E R E N D U M
Paid for by the “Vote Yes for Reek School” Committee.
The total referendum amount is $3,900,000. If it is approved, the total project cost cannot exceed this amount. Over the 20-year term of the loan, the average tax impact is $0.32 per thousand dollars of fair market property value. That means that if you own a $150,000 home, the annual tax impact is less than $50 per year!
Total Referendum amount . . . . . $3,900,000average Tax Impact per $1,000 . . . . .$0 .32
of Fair Market Property Value Over 20 Years
Fair Market Property Value annual Tax Impact Monthly Tax Impact
$100,000 $32.00 $2.67
$150,000 $48.00 $4.00
$200,000 $64.00 $5.33Mill rate based on 2010 equalized valuation with no growth in 2011 and 2012, and 2% annual growth thereafter.
Preliminary financing plan estimates provided by Robert W. Baird.
Repairs to failing brickwork on the exterior of the building continue to be a major concern and safety ■hazard.Energy efficient improvements to the building including complete roof replacement, all new exterior ■windows, lighting controls, and complete replacement of the existing mechanical system, saving the district 20% in annual energy usage.Creating a new, secure main entrance, requiring all visitors to check in before ■they are allowed to enter the school.Site improvements to improve traffic flow, parent and bus drop-off/pick-up, and ■parking, ensuring the safety of students and staff.Remodeling to provide adequate space for the cafeteria and service kitchen as ■well as the band and music area.Technology infrastructure upgrades for the building and classrooms. ■
Why don’T We consolIdaTe WITh anoTheR dIsTRIcT?A successful referendum in each district considering consolidation is required. Reek School taxpayers would also share in the current debt of the other district resulting in an increase in taxes. Currently Reek has the lowest taxes of the three area districts:
estimated 10-11 Taxes on $100,000 homeReek School . . . . . . . . . . . . $184Fontana . . . . . . . . . . . . . . . $257Traver . . . . . . . . . . . . . . . . $372
In addition, It is clear that neither district has the current facilities to absorb all of Reek School’s students. Significant building improvements and possible additions would need to be made to accommodate all students. This could involve a referendum for additional debt, resulting in additional taxes.
WhaT IF The Reek school dIsTRIcT dIssolVes?Half of the students could likely be assigned to Fontana and the other half could be assigned to Traver. The geographical line of separation would be the north/south line created by Swamp Angel Road & Academy Road. East of Swamp Angel/Academy Road could be assigned to Traver and the west side could be assigned to Fontana.
Once the School Board indicates it is considering dissolving, a study is facilitated by the School District Boundary Appeal Board (SDBAB) who oversees the entire review process, including discussions with neighboring districts that would be affected. The school board, local government, and taxpayers have no input or control in the outcome. This includes the final decision itself, as well as where students and staff would be redistributed, the available educational programs and services offered by the districts and financial issues that the taxpayers must bear.
WhaT IF The ReFeRenduM FaIls FoR Reek school?Without voter approval to make repairs to Reek School, the facility needs will remain unaddressed and it will be impossible to pay for these expenditures out of our general operating budget.
WhaT abouT buIldIng a neW school?The Board of Education explored that option. A comparable new school would cost approximately $8.6 million, and that does not include land purchase. They believe the most economical decision is to repair and improve to Reek School as presented in this referendum.
Why aRe We goIng To ReFeRenduM noW?The needs aren’t going away. Many of our basic building systems have outlived their useful life and need significant upgrades or replacement. The District can borrow at record-low interest rates, and the construction market remains very competitive, maximizing taxpayer dollars.
Also, if a referendum were to be approved in October, the entire design and construction would be completed, and the school would be ready for our students in the Fall of 2012; much of the construction needs to happen over the summer while the school is not occupied by students.
haVe bIds alReady been aWaRded FoR The consTRucTIon oF The PRojecT?No. Until the project is approved in a referendum, contracts for work cannot be issued for bid. If voters approve the project, the District’s architect, Eppstein Uhen Architects, will then complete detailed construction drawings. Then the District’s construction manager, Miron Construction, will oversee the competitive bidding process. They will ask for bids from numerous subcontractors and suppliers, including as many local subcontractors and suppliers as possible, and award the work based on competitive costs and ability to perform the work.
WhaT needs does The $3 .9 MIllIon addRess?
FRequenTly asked quesTIons
WhaT Is The Tax IMPacT?
The district has provided a “property tax calculator” on their website to help you determine how a successful referendum would impact you personally. Visit www .linn6 .k12 .wi .us .
“A safer, more efficient Reek School for less than $3 a month? Count me in!”
Please
