533 voters from six Sanilac County townships headed to the polls Tuesday to decide the fate of a bond proposal by Carsonville-Port Sanilac Schools, with the district seeing that proposal approved.
Citizens from Bridgehampton, Buel, Lexington, Sanilac, Washington and Watertown townships were tasked during the May 7 consolidated election to decide the fate of a proposal that would see the CPS school district borrow money for remodeling, refurnishing and reequipping efforts by the district. According to the county, 360 votes were cast for the proposal and 173 against, with it unclear at present which of the six involved townships had the biggest voter turnout.
The school’s proposal sought to secure approval specifically to borrow no more than $7,100,000 and issue general obligation tax bonds in one or more series to fund remodeling the school, including erecting additions to buildings, improving security, furnishing and equipping school buildings with updated furniture, instructional technology and related equipment.
The money would also cover the purchase of school buses by the district, as well as the acquisition, development and improvement of such facilities as the playgrounds, athletic facilities, parking areas, driveways and other related sites.
The estimated millage that will be levied for the proposed bonds in 2024 is 1.4 mills ($1.40 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 fourteen (14) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 2.77 mills ($2.77 on each $1,000 of taxable valuation).
