May 2, 2017 Sinking Fund Proposal

Frequently Asked Questions

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History and Features

1. What school proposal will appear on the May 2, 2017 ballot?

2. How was this plan developed?

3. What did the District learn from the community survey conducted after the November election?

4, Why is the district asking for the sinking fund millage instead of a bond?

5. What are the main features of the May 2, 2017 sinking fund proposal?

6. What is a sinking fund millage?

7. Why are sinking fund millages becoming more common across Michigan public school districts?

8. What happened to the iPad program funded with money from the 2008 bond?

9. Has the District experienced issues with the current geothermal system at Algonquin Elementary
     and Algonac Jr./Sr. High?

10. What is the average useful life of some of the components and systems that are identified in this program?

11. Why is the sinking fund proposal important for Algonac Community Schools?

12. How are neighboring districts addressing the aging condition of their school buildings?

13. Based on the urgency of the needs identified, could the District decide to fund more projects up front? If so, how would that work in terms of funding?

14. What is the plan to keep facility improvement disruptions to a minimum?

Finanancial and Election Information

15. If approved, what is the cost of the sinking fund millage to the average taxpayer?

16. Can money from the sinking fund be used to pay for salaries and benefits?

17. May I deduct these property taxes on my income tax return?

18. What exactly is the Michigan Homestead Property Tax Credit?

19.What are the key dates leading up to the May 2, 2017 vote?

20. Where and when do I register to vote?

21. What is the procedure for absentee voting?

22. Where do I vote?

23. Who do I contact if I have additional questions?

24. How will the proposal appear on the ballot?

 

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