From the Goshen News:
A new pool may be in the cards for Goshen Community Schools after all.
Members of the Goshen Board of School Trustees Monday gave their blessing to the pursuit of a $17.15 million renovation and construction project. That project would include building a new pool at either the middle school or high school as well as the expansion of various music, physical education and classroom areas.
The next step for Goshen school officials? Working to garner enough petitions to get the building proposal on a referendum in the fall general election.
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The proposal’s estimated $17.15 million price tag would most likely be funded either through Capital Projects Fund monies and/or a Building Corporation Bond Issue, with an anticipated impact on the Debt Service Fund tax rate of roughly 11 cents per $100 assessed valuation.
Tax impact
Several examples of what such a tax rate increase might look like were presented at the Monday meeting. For a $75,000 home, that tax rate increase would mean an increase of about $18 per year in taxes, while the owner of a $101,500 home would see an annual increase of about $37 per year. For a $200,000 home, the increase would be about $107 a year, while the owner of a $300,000 home would be looking at an increase of about $179 a year.
Due to the scope of the proposed project, Woodworth indicated, the next step in the process is to secure enough petitions to get the proposal on a referendum in the November general election. Woodworth said that process will begin immediately, following which a referendum question will be created and submitted to state officials for approval.
“So today they approved the project going forward to the next step,” Woodworth said of the school board. “It’s basically just saying ‘Yes, we approve this.’ So the next step is the referendum vote in November seeking voter approval for the project.”
- See more at: http://goshennews.com/breakingnews/x1999356070/School-board-supports-17-5-million-construction-renovation-project#sthash.dIkalH1v.dpuf
