Published on February 4, 2014
Ocean City School District Primary School Project and March 11, 2014 Referendum Presented to Finance Committee January 29, 2014
What is “the Project”? The School District submitted two applications for ROD (Regular Operating District) Funding for the following two projects: Exterior Doors at the Primary School Overall Renovations at the Primary School
Why Now? First and foremost, the projects are creating a safer and healthier learning environment for staff and students. The State Grants amount to 40% of Preliminary Eligible Costs. We must capitalize on the current grant funding! The District, through years of fiscally responsible management, has funds in its Capital Reserve that will reduce the amount to be issued for school bonds. We are still in a favorable interest rate environment. We are making an investment in energy efficiency and maintaining a comfortable climate in the building.
Preliminary Eligible Costs and Funding Sources Projects State Share 40% Totals 113,000.00 Exterior Doors at the Primary School $ Primary School Renovations $ 5,885,198.00 $ 2,354,079.00 $ 3,531,119.00 Totals $ 5,998,198.00 $ 2,399,279.00 $ 3,598,919.00 FUNDING SOURCES - RECAP Funding from State of NJ $ 2,399,279.00 $ 2,399,279.00 Funding from Capital Reserve Fund $ 1,101,497.53 $ 1,101,497.53 Funded through local taxes - Bond Issue $ 2,497,421.47 $ 2,497,421.47 $ 5,998,198.00 $ 45,200.00 Local Share 60% $ 2,399,279.00 $ 67,800.00 $ 3,598,919.00
Referendum Date The bond referendum vote will be on Tuesday, March 11, 2014 Polling hours are 3 pm to 9 pm Please contact Mr. Pat Yacovelli School Business Administrator with any questions at: (609) 399-4161
VITOGAZ vous présente: CFBP baromètre gpl carburant
Ata Escrita da 16ª Sessão Ordinária realizada em 16/10/2014 pela Câmara de Vereado...
Ata Escrita da 10ª Sessão Extraordinária realizada em 16/10/2014 pela Câmara de Ve...
Rx1 zayiflama hapi, kullanimi nasildir, yan etkileri var mi? yan etkiler var ise h...
Esposto del MoVimento 5 Stelle sul Patto del Nazareno
Board of Education Finance Committee Oswego High School ... Upon the presentation and recommendation ... A+9s amendment #1 to the May 2012 Referendum, ...
School Finance Committee’s Budget Goes to School Board ; Portland Public Schools ... Board of Public Education's Finance Committee ... Board Presentation.
FY17 Board of Education Recommended Budget; ... Finance Committee; ... Education Foundation Steering Committee;
TOWNSHIP OF OCEAN BOARD OF EDUCATION ... did in their presentation. Updated Board of Education on ... The Board of Education discussed committee ...
Enfield Public Schools » BOE » BOE Meeting Agendas ... To view Board of Education regular and special meeting agendas, ... BOE Finance Committee.
... March 9 Open Financial Committee meeting that preceded the regular Board of Education ... 16 budget; decides on single question referendum.
Township of Ocean School District ... District Financial Statements; ... Board of Education Notices, Agendas an d Minutes.
Maryland Association of Boards of Education ... Committees; Governing Documents; ... 2015 Conference Presentations and Handouts.
Orange County Board of Commissioners ... supported the concept of a Bond Education Committee. ... referendum, it would help the Board of Elections to ...