The Banks School District will be hosting one community meeting to provide information and answer questions regarding the 2011 School Bond Measure #34-187
Where: Banks JR. High Gym
When: April 27th ,2011
Who: Banks School District Patrons
What: 2010 Banks School Bond
~ Refreshments Provided
~ Tour of Facilities Available
To Schedule call: 503-324-8591
Register to vote by April 26th 11:59pm online or by mail. Election day is May 17, 2011.
Our job as school board members is to:
Architectural and engineering reports tell us portions of the junior high are not cost effective to repair and need to be replaced. We also know the classroom section of the junior high school would not withstand a moderate earthquake.
To fix these problems, we need your help. That’s why we voted unanimously to put this bond measure on the ballot. If measure #34-187 is approved, we can:
The School Board believes the current lower costs for construction provide an opportunity to replace outdated buildings and facilities at the most reasonable, responsible cost to taxpayers.
Funds from this measure will be used entirely to replace/upgrade the junior high and maintain our school district facilities and to make sure all schools are safe for our children.
Banks School Board members:
Kathy Edison, Chair
Will Moore, Vice Chair
Norie Dimeo-Ediger
Laurie Sheridan Schlegel
Richard Bowden
This information furnished and paid for personally by the Banks School Board members.
This bond measure is proposed to finance the following priorities of the District:
Increase School safety
Renovate, upgrade and maintain existing school facilities
Replace aging Junior High School facilities (construct on current site)
Bond proceeds can only be used for the projects listed on this ballot. The bond issue’s principal amount cannot exceed $10.5 million.
For the first 6 years of this bond, yearly property tax increase is estimated not to exceed $.54 per $1000 assessed value. Thus, your total bond amount until 2017, for current Elementary Bond, with this bond is expected to not exceed $2.57 per $1000 of assessed value or approximately $257.00 per year for each $100,000 of assessed property value.
Once the Elementary Bond is paid in 2017, the total yearly property tax is expected to drop and estimated not to exceed $1.72 per $1000 assessed value, or approximately $172 per year for each $100,000 of assessed property value, over the life of this bond. The amounts may vary depending on interest rates, assessed value growth and other factors.
If the bond measure is approved, the District would establish a citizen oversight committee to ensure bond funds are used as indicated.
• So we will have “Safe Schools for Our Students”
• To improve efficiency in our school facilities.
• So we can provide an up-to-date learning environment that meets educational and graduation requirements.
• So we will have: