Announcement: Information on WO's August 4 Ballot Proposal 2 - Sinking Fund
On the August 4, 2020 Ballot
This proposal allows the district to take advantage of a law allowing sinking funds to be used to support capital improvements so that funds from the district’s operating budget can be reserved for classroom and co-curricular resources. The new sinking fund would replace the district’s exiting fund, and the money would be used to address facility upgrades and site improvements, ranging from HVAC (heating and cooling) enhancements, asphalt improvement, carpet replacement, energy efficient upgrades, fencing, and necessary roof replacement at schools across the district.
The school district would collect an estimated $686,600 if the sinking fund is approved in 2020. If approved, the tax increase for someone with a $200,000 home (with a $100,000 taxable value) would be approximately $30 a year – or less than $3 a month.
The initiative is part of West Ottawa Public Schools’ efforts to maintain a warm and inviting learning environment for its students. The district, with support from the school community, has invested $5,537,981 over the past 10 years on facility upgrades to strengthen its learning environment.