Sinking Fund

 

Given the costs associated with the upkeep of our facilities, we are truly appreciative of the community’s support for the District’s sinking fund ballot proposal approved by voters in May, 2019. This fund will generate approximately $500,000 a year for 10 years. Per Michigan Law, sinking fund monies are limited to certain uses. The district will use the sinking funds to upgrade and repair our infrastructure and buildings. Sinking funds may not be used for wage, salary, or benefit increases.

Sinking Fund projects in the 2019-20 school year

  • Replacement of the north parking lot and exit driveway at the STEM Academy - $130,000