Be Informed! The Capital Improvement Project Bond Referendum videos + information
On May 21, 2019, the Mahopac Central School District will present a proposition to voters for a capital improvement project. Watch our video to learn more.
What is included in the proposition?
• STEAM and Science facilities
• Convert libraries to multimedia centers
• Music & Performing Arts area upgrades
• Athletic fields and facilities
• Infrastructure & Energy efficiencies
• Security Enhancements
How much will this cost?
• Total Cost = $53.9 million
• Approximately 90% of the work is expected to be eligible for state aid at a rate of 58.1%. This means NEW YORK STATE WILL PAY $28 MILLION
• This project will be TAX NEUTRAL because borrowing for this bond will begin when existing debt payment is expiring
What is a Capital Project?
A capital project is a way for a school district to make SUBSTANTIAL UPGRADES AND INVESTMENT in its buildings and facilities while spreading the cost over a number of years. It enables the district to complete IMPROVEMENTS OF A LARGER MAGNITUDE than what would otherwise be possible within the scope of a single annual school district budget.
Just as our homes need improvements over time, such as a new roof or an upgrade to an aging furnace, so too do school buildings, subject to daily wear and tear and loss of efficiencies from outdated equipment.
If the proposition is approved, when will the work be done?
The New York State Department of Education has to approve the plans and the district will then go out to bid and award contracts. It is anticipated that work would begin in 2021 and much of it would be completed by the end of the summer in 2022.
How Were Costs Minimized?
The Buildings & Grounds Committee:
- Prioritized Improvements
- Included only the most pressing projects with the greatest impact on students
- By opting to address these facilities improvements through a capital project, much of the cost becomes eligible for New York State aid.
How can the district say there will be no tax impact?
By strategically timing the payments on this capital project, the Board of Education is avoiding a school tax impact. Old debt from previous capital projects, now completed, is retiring between 2019 and 2022. The new debt from this capital project is expected to begin in 2023 so the net effect will be tax neutral.
Who decides what needs to be done?
A group of school leaders, parents and community members was charged with reviewing the district’s most pressing facilities needs. This diverse group:
- Conducted a COMMUNITY SURVEY
- Reviewed the district’s Building Condition Survey
- Report filed with the state
Why is it important to invest in our schools?
• Nearly 30% OF HOME BUYERS LIST SCHOOL QUALITY as a deciding factor in their purchase.
• Quality facilities support ACADEMIC ACHIEVEMENT.
• Better buildings drive TEACHER RETENTION.
• Communities that have strong, POSITIVE RELATIONSHIPS WITH SCHOOLS have a solid workforce, improved housing options and A FLOURISHING ECONOMY.
Who can vote?
You may vote if you are all of the following:
• A resident of the district for at least 30 days prior to the vote
• 18 years of age or older
• A U.S. citizen
• Registered with the school district or the Putnam County Board of Elections
Register to vote
Go to the District Office MONDAY TO FRIDAY, FROM 9 A.M. TO 3 P.M. UNTIL MAY 14.
Extended registration will be available on MAY 14 UNTIL 7 P.M.
FOR MORE INFORMATION or to obtain ABSENTEE BALLOTS, contact District Clerk, Melody LaRocca at LaroccaM@mahopac.k12.ny.us or 845-628-3415 x 10550.
How do I vote?
Voting for the Capital Improvement Plan will take place at the same time as voting on the proposed school district budget and the election of trustees for the Board of Education. May 21, 2019 ★ 6 a.m. – 9 p.m. at the Mahopac High School gymnasium
BUILDING OUR FUTURE TOGETHER
For more information go to www.mahopac.k12.ny.us/bond