BUILDING FOR OUR FUTURE

Transcription

1 MIDDLE TOWNSHIP PUBLIC SCHOOLS BOND REFERENDUM March 8, 2016 Bond Referendum BUILDING FOR OUR FUTURE

2 ADDRESSING THE DISTRICT S CRITICAL FACILITY AND SITE NEEDS CURRENTLY THE BAND-AID APPROACH COSTS MONEY AND DISRUPTS THE EDUCATION PROCESS. REFERENDUM AVOIDS IMPACTS TO BUDGET/CURRICULUM FUNDING. REPLACE HVAC AND ELECTRICAL SYSTEMS -- END OF USEFUL LIFE. REPLACE ROOF AND WINDOW SYSTEMS END OF USEFUL LIFE. ADDRESS SITE DRAINAGE CONCERNS. REPAIR BUILDING ENVELOPE TO AVOID WATER INFILTRATION. EXISTING PRE-KINDERGARTEN BUILDING OVERCROWDED

3 REFERENDUM QUESTION 1 COST: $21,320,000 - *10% FUNDED BY STATE DEBT SERVICE AID *THE DISTRICT CAN ONLY CLAIM 10% STATE FUNDING IF THE REFERENDUM PASSES, THE STATE S OFFER EXPIRES DECEMBER 2016 ELEMENTARY SCHOOL 1 New Pre-kindergarten Addition with 7 new classrooms, including inclusion classrooms and Pre-K court New Gymnasium Addition and renovated storage and toilet facilities New Health Office and OT/PT Addition with renovated Conference Room Parking Lot Expansion Upgraded electrical service Replacement of existing sidewalks Brick repointing New drainage and retaining walls at utility access MIDDLE SCHOOL Electrical upgrades throughout the school Restoration of existing exterior canopies Extend side entry canopy to parent pick up / drop off

4 REFERENDUM QUESTION 1 COST: $21,320,000 - *10% FUNDED BY STATE DEBT SERVICE AID *THE DISTRICT CAN ONLY CLAIM 10% STATE FUNDING IF THE REFERENDUM PASSES, THE STATE S OFFER EXPIRES DECEMBER 2016 ELEMENTARY SCHOOL 2 New Transportation Building New bus parking drop off Additional parking throughout the site Redesign storm water drainage system Replace all existing skylights Replace existing asphalt shingle and membrane roofing Replace windows in Cafetorium, Band and Music Rooms, Administration Offices Remove existing berms and regrade for proper drainage Replace existing Exterior Insulation Finish System (E.I.F.S.) in its entirety HIGH SCHOOL Replace existing heating/ventilation systems and controls in Auxiliary Gymnasium Replace existing glass block windows in Gymnasium

5 ELEMENTARY SCHOOL NO. 1 Remove existing Pre-K temporary buildings Brick repointing New drainage and retaining walls at utility access Replacement of existing sidewalks

6 ELEMENTARY SCHOOL NO. 1 New Health Office and OT/PT Addition with renovated Conference Room New Pre-kindergarten Addition with 7 new classrooms, including inclusion classrooms and Pre-K court New Gymnasium Addition and renovated storage and toilet facilities

7 MIDDLE SCHOOL Electrical upgrades throughout the school Restoration of existing canopies Extend side entry canopy to parent pick-up / drop-off

8 HIGH SCHOOL Replace existing heating and ventilation systems and controls in Auxiliary Gymnasium Replace existing glass block windows in Gymnasium

9 ELEMENTARY SCHOOL NO. 2 Redesign storm water drainage system Replace windows in Cafetorium, Band and Music Rooms, Administration Offices New bus parking drop off Replace all existing skylights Replace existing asphalt shingle and membrane roofing Building envelope improvements

10 ELEMENTARY SCHOOL NO. 2 New Transportation Building Additional parking throughout the site

11 REFERENDUM QUESTION 2 COST: $3,320,000 - *0% FUNDED BY STATE DEBT SERVICE AID *REFERENDUM QUESTION 1 MUST BE APPROVED FOR THE DISTRICT TO MOVE FORWARD WITH QUESTION 2. Two new athletic fields New playground New building with concessions stand, storage and toilets Parking NEW PLAYGROUND

12 ASSESSING CRITICAL NEEDS AFTER A THOROUGH FACILITY ASSESMENT AN INITIAL BUDGET WAS DEVELOPED. THIS BUDGET WAS THOROUGHLY REVIEWED WITH THE BOARD AND PARED DOWN TO INCLUDE ONLY THE MOST CRITICAL AND ESSENTIAL NEEDS OF THE SCHOOL ORIGINAL FACILITY ASSEMENT BUDGET $34,880,000 AFTER REVIEW PROCESS Referendum Question 1: Referendum Question 2: $21,320,000 (10% state funded*) $3,320,000 (0% state funded*) * State funding can only be claimed if referendum passes

13 SUMMARY OF FUNDING REFERENDUM QUESTION 1: (ZERO TAX IMPACT) TOTAL BUDGET TOTAL PROJECT COSTS $21,320,000 of which 10% will be state funded* ESTIMATED TAX IMPACT OF $0.00 TOTAL PER MONTH BASED ON AVERAGE ASSESED HOME VALUE OF $241,000 AND 4.30% INTEREST RATE REFERENDUM QUESTION 2 TOTAL BUDGET TOTAL PROJECT COSTS $3,320,000 of which 0% will be state funded* ESTIMATED TAX IMPACT OF $1.70 TOTAL PER MONTH BASED ON AVERAGE ASSESED HOME VALUE OF $241,000 AND 4.30% INTEREST RATE ADVANTAGE TO LOCAL TAXPAYERS 10% OF TOTAL COSTS FUNDED BY STATE IF BOTH QUESTIONS PASS* *State money CAN ONLY be claimed if the referendum passes

14 SCHEDULE

15 WHY PURSUE A REFERENDUM NOW? Question 1 will have Zero Tax Impact. Construction costs & interest rates remain low. More cost-effective than repair-as-we-go approach. Returns State taxes to Middle Township residents. If Middle Township does not use the state funding, the funding will be lost. Debt Service Aid funding was made available 2 years ago - no guarantee how long it will be available. Work completed in referendum will reduce the impact on the annual maintenance budget; allowing more funds for curriculum & programs. Local costs reduced by 10% through Debt Service Aid. Expected energy savings and potential rebates.