Capital Bond Presentation September 24, 2019
High School - $6,574,600 Roof Replacement Construction of new STEM Lab Middle School - $3,477,000 Roof Replacement Elementary Schools - $698,560 Replacement Playgrounds Interior Door Replacements and Hardware District-wide - $2,749,840 Bathroom Reconstruction
High School & Middle School Roof Replacements
Elementary School Playground Replacements
Creation of a new STEM Laboratory
Districtwide Bathroom Reconstruction Sample Capital Reserve Project - Summer 2019
Would these bond projects cost the tax payer additional funds? No. The principal debt service payments will remain flat. The 2008 bond debt will be expiring; 2019 bond debt would replace the former debt. How does the district pay for the bond? Through the debt service expense line in the district’s operational budget When would the district begin to make principal payments on these bond projects? In the 2021-2022 school year. When would the projects likely commence? Summer 2021
Board of Education Meetings: September 24: Board Room, Whiporwil, 8pm October 22: Board Room, Whiporwil, 8pm November 19: Board Room, Whiporwil, 8pm PTA Meetings: October 23: Pines, 9:30am October 24: Forest Brook, 9:00am October 24: Bretton Woods, 6:30pm
The recommended Capital Bond… Continues the district’s focus on safety and security for students and staff Provides for completion of large scale capital projects and intellectual growth and Continues the tradition of fiscal responsibility, presenting a capital bond that will have no increased cost on the taxpayer
Vote Wednesday, December 4, 2019 6am-10 pm Whiporwil Info available on district website www.hauppauge.k12.ny.us
What are your questions? Thank You
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