Lake Linden-Hubbell School District residents will vote on two millage proposals next month.
The first would renew the standard 18-mill levy on non-homestead property, although Superintendent Brad Codere says the number on the ballot is a bit higher…
Audio PlayerThe number on the ballot is asking the public to okay 20.75 mills, but that is just a cushion that protects us against millage erosion over time, and we’ve had that happen.
Homeowners who have homestead exemptions don’t pay that tax.
The second would ask voters to authorize the sale of $6.5 million in bonds to pay for a wide range of school maintenance and improvement projects. Codere says the biggest need is replacing the system that heats the district’s two schools…
Audio PlayerThose three boilers – there’s two that are 33 years old and one of them is 29 years old, and they are huge, and they are inefficient, and they are really past their lie expectancy.
Other projects include replacement of hot water heaters, high school lab and library renovations, restroom renovations in both buildings, electrical upgrades, window replacement in the elementary school, construction of a new elementary school storage building, and creation of an elementary school outdoor classroom/observatory.
The bonds would be paid for by extending the district’s current added property tax…
Audio PlayerOur tax millage rate right now is at 4.5 mills. We are looking to extend that, being able to go out and sell $6.5 million worth of bonds, and pay those off in no more than 15 years.
In other words, the added millage tax rate will not increase, but will be extended.
Codere was a guest on yesterday’s Copper Country Today program. You can listen to the podcast here.
Additional information is available on the Lake Linden-Hubbell School District website.
The election will be held May 6th. It is the only local election that will take place that day.
Comments