View Bond Proposal FAQ

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Bond Proposal - May 5th Frequently Asked Questions What is a school bond proposal election? A school bond proposal election is a public vote where community members decide whether their local school district can borrow money for major building and improvement projects. If voters approve the proposal, the district can issue bonds (like borrowing) to pay for things such as renovations, safety upgrades, new equipment or technology improvements. The borrowed money is then repaid over time through property taxes. If voters do not approve it, the district cannot borrow the funds and move forward with the proposed projects. Why is Hanover-Horton Schools asking voters to consider a bond? Many of the items prioritized in our project list were addressed in the 1995-1996 bond and are in need of replacement. Some items on the priority list can only be paid for through a bond project. Is this a millage increase? No, the current number of mills (1) would continue to be levied for 25 years. This would generate $3.9 million without increasing the current millage rate. How many total mills does the district currently levy? Hanover-Horton Schools has the lowest levy rate in Jackson County. We currently levy one (1) mill for the sinking fund and one (1) mill for bond debt. This bond proposal would not change the total amount levied. Your paragraph text Your paragraph text How were the projects identified? The projects included in the bond proposal were identified through a careful planning process focused on the district’s long-term needs. A facilities needs assessment is conducted annually. After reviewing the list of needs with the facilities committee, a prioritized list was developed. What projects are on the prioritized list? This district will need to replace the boilers which generate heat for all three buildings very soon. The current boilers range from 25-30 years old. Approximately 132,000 square feet of our middle/high school roof needs to be replaced. This will fix several areas that are currently posing challenges and leaks, ensure the roof is durable for many years to come and increase efficiency, which will ultimately save the district money in heating and cooling costs. The windows at the high school overall are still in good condition. However, over the years due to normal wear and tear, the struts, handles and seals are in need of repair.