SAFE, WARM AND DRY

Munising Public Schools Bond Proposal

November 7, 2017 Ballot
 How was this Plan Developed?

Michigan: No State Funding for K-12 School Facilities

May of 2016: Bond Proposal to add elementary classrooms and
gymnasium on to the Middle/High School defeated
September-October 2016: Conducted online Bond Proposal Survey to
get input from school district residents (results posted on school
website
2nd Facilities Assessment Completed to prioritize needs at Mather &
Middle/High School over the next 20 years (results posted on school
website)
Spring of 2017: Conducted Public Meetings to gather additional input
from school district residents
July 2017: After several meetings to refine the proposal, the School
Board unanimously voted to put the proposal on the November 7, 2017
ballot after receiving approval from the Michigan Department of
2 Treasury
 Enrollment Projections

Middle Cities Education Association

Required for Bond Application
2017-2018 Enrollment 633
2021-2022 Enrollment, Method 1: 610
2021-2022 Enrollment, Method 2: 623
2021-2022 Enrollment, Method 3: 615

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 Bond Proposal Survey Results

Why did you vote no? (could check all that applied)
73% - Opposed to the Sale of Mather
57% - Opposed to overall cost
48% - Opposed to the tax increase
23% - I am satisfied with the current facilities
7% - I did not have enough information

Importance of current technology

89% - rated moderately to extremely important

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 Bond Proposal Survey Results

Importance of a Secure Environment

86% - rated moderately to extremely important

Importance of an improved learning environment

(furniture, paint, acoustic ceilings, flooring, etc.)
80% - rated moderately to extremely important

Importance of Upgrading Science labs

89% - rated moderately to extremely important

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 Bond Proposal Survey Results

Importance of maintaining roofs, mechanical systems and

electrical systems
90% - rated moderately to extremely important

Importance of repairing and/or improving sidewalks and

parking lots
65% - rated moderately to extremely important

Importance of maintaining or improving athletic facilities

(ADA compliant bleachers, etc.)
57% - rated moderately to extremely important
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 Bond Proposal Survey Results

What level of millage would you support in future bond

proposals?
18% - I would not support any school millage
22% - I would support 0.5 to 1.5 mills
53% - I would support 2 mills or greater
7% - Not property owners

What scenario would you most likely support?

54% - Would support making needed renovations to Mather
Elementary and Middle/High School
27% - Continue to pursue the sale of Mather Elementary and
consolidate on to one campus
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 Mather Elementary

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 Middle/High School

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 Cost Summary (From Bond Application)

Remodeling 4,867,217
Contingency (10%) 572,534
Instructional Technology 102,400
Furniture & Equipment 296,000
Site Work 702,504
Architectural & Engineering Costs 484,600
Election/Bond Issuance Costs 244,608

Total $7,269,863
Less: Estimated Interest Earnings 19,863

Total Amount of Proposed Issue $7,250,000

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 Bond Proposal, November 7, 2017

Length 25.25 years

Mill - $1.00 for every $1,000 of taxable value, which is
typically 50% of market value
Existing millage is 0 mills (3.24 mills expired in May 2016)
Proposed millage is 2.29 mills, (Average millage rate over
26 year bond term is 2.27 mills)
Money Generated - $7.25 million

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 Impact on Property Taxpayers

Estimated Estimated
Market Value of Taxable Value Annual Monthly
Your Home of Your Home Millage Cost Millage Cost
(2.29 mills) (2.29 mills)

$50,000 $25,000 $57.25 $4.77

$75,000 $37,500 $85.88 $7.16
$100,000 $50,000 $114.50 $9.54
$125,000 $62,500 $143.13 $11.93
$150,000 $75,000 $171.75 $14.31
$175,000 $87,500 $200.38 $16.70
$200,000 $100,000 $229.00 $19.08

Homestead Property Tax Credit may reduce tax

Tax calculator: www.pfmtaxcalc.com/Munising
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 Local School District Supported Bond Proposals

Sinking Fund and Debt Retirement Millage assessed for:

Ishpeming 8.337
Mid Peninsula 8.10
Superior Central 6.70
Rapid River 6.40
Gladstone 6.30
Manistique 3.75
Negaunee 3.1926
NICE 2.8415
Tahquamenon 1.94
Marquette 1.52
Gwinn 1.49
Munising Public Schools millage would initially be 2.29 mills, with an
average millage rate of 2.27 mills over the term of the bond
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 TOTAL LEVY (2016 TAX YEAR)
(SINKING FUND & DEBT RETIREMENT)
8.337
8.1

6.7
6.4 6.3

3.75
3.1926
2.8415

1.94
1.52 1.49

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 TOTAL LEVY WITH PASSAGE OF BOND
2018 TAX YEAR
(SINKING FUND & DEBT RETIREMENT)

8.337 8.1

6.7
6.4 6.3

3.75
3.1926
2.8415
2.29
1.94
1.52 1.49

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 MILLAGE RATE HISTORY ON 1978 BOND ISSUE

7.5 7.5

5.5
5.1
4.6 4.6

3.6
3.24

0
1980 1985 1990 1995 2000 2005 2010 2015 2017

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 Facility/Transportation Improvements since 1993
(Paid from Fund Balance/General Fund)

Mather $1,803,050
Middle/High School 862,400
Track 157,900
Buses 317,000

Total Cost of Improvements $3,140,350

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 What Bond Proceeds Cannot Be Used For:

Salaries and Wages

General Operating Expenses
Classroom supplies, textbooks, etc.

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 Questions?

Contact Information
Pete Kelto, Superintendent/6-12 Principal
Email: pete.kelto@mps-up.com
Work phone: 906-387-2103, extension 259
Home phone: 906-387-1677
Cell phone: 906-202-0727

School Website: www.munisingschools.com

Link: Safe, Warm and Dry

2017 Bond Proposal

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