Facility Planning Fall 2016
As the district buildings and grounds age, there will need to be continuous upgrades and improvements made to keep them usable and efficient. Generally three funding streams are used to finance building improvements: General Obligation (GO) Bonds, Secure an Advanced Vision for Education (SAVE/state penny sales tax), and Physical Plant and Equipment Levies (PPEL). The district’s previously existing G.O. bonds will be paid off in fiscal year (FY) 2018. The list of improvements is constantly evolving. Please refer to the preliminary plan created with StruXture Architects. In the next few months, there will be meetings to prioritize district needs and calculate the most beneficial blend of funding streams. Please stay posted to the district website. Contact Superintendent Rob Busch at rbusch@edge-cole.k12.ia.us with questions.
Click here for preliminary plan from StruXture
To learn more about school finance watch Larry Sigel from Iowa School Finance Information Services (ISFIS) at http://www.iowaschoolfinance.com/schoolfinancebasics.