What Vicksburg school district voters will see on the May 5 ballot:
Shall Vicksburg Community Schools, Kalamazoo and St. Joseph Counties, Michigan, borrow the sum of not to exceed Sixty-Four Million One Hundred Thirty-Five Thousand Dollars ($64,135,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of:
- Erecting, furnishing, and equipping school facilities, including a transportation facility, auxiliary gymnasium, and structures for a new outdoor education center; erecting additions to, and partially remodeling, furnishing and refurnishing, and equipping and re-equipping school facilities, including
- Remodeling for secure vestibules, and acquiring and installing building access controls, security cameras, and new exterior doors; acquiring instructional technology and instructional technology equipment for school facilities; acquiring sites; purchasing school buses; and preparing, developing,
- Equipping, and improving athletic fields (including new tennis courts), athletic facilities, playgrounds, and sites?
The following is for informational purposes only:
The estimated millage that will be levied for the proposed bonds in 2026, under current law, is 3.83 mills ($3.83 on each $1,000 of taxable valuation), for a -0- mill net increase over the prior year’s levy. The maximum number of years the bonds of any series may be outstanding, exclusive of any refunding, is twenty (20) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 3.98 mills ($3.98 on each $1,000 of taxable valuation).
(Pursuant to State law, expenditure of bond proceeds must be audited and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)
