Four More Bond Proposal Questions and Answers

posted Oct 26, 2011, 9:22 AM by Mike Paskewicz   [ updated Oct 26, 2011, 9:22 AM ]

Here are four more of the top ten questions and answers regarding Proposal I - Critical for Learning and Proposal II - Quality of Life.  More detailed information may be found on our web page at www.nvps.net.

Q:  What happens if the bond proposals are approved by voters?

A:  We improve and repair our facilities without using limited operational funds. It helps us retain teaching and support staff.  If voters approve the two bond proposals, we immediately begin detailed discussions and drawings of the improvements to district facilities. Bonds are then sold to fund the work.  Technology improvements at all schools will begin in the summer of 2012. Construction would occur between 2012 and 2014.    A complete list of school by school improvements may be found on our web page at www.nvps.net. Bond funds may not be used to hire staff or to increase compensation of staff members.

Q:  What happens if the bond proposals are not approved by voters?

A:  We will be forced to use operational funds (that are currently used to hire teachers and provide academic/arts/technology/athletic programs and materials for students) to repair and replace facility needs such as boilers, roofs, and water heaters.  The pool may need to be closed as we will not replace the air handling devices at a cost of $400,000.  Repairs will be limited to those items that relate to health and safety only.

Q:  What will the bond proposals cost Northview residents?

A:  Here are some examples of cost to Northview home owners if the bond proposals are approved by voters.  The bottom line estimate of cost includes rebates on taxes from the State and Federal governments.  * Based on current tax regulations at State/Federal levels.

  1.  Resident home owner with $40,000 of yearly household income, $50,000 taxable home value ($100,000 home), under the age of 65, and itemizes State and Federal taxes would pay $68.63 per year/$5.72 per month in new taxes if the both proposals are approved.
  2. Resident home owner with $30,000 of yearly household income, $70,000 of taxable home value ($140,000 home), over the age of 65, and itemizes State and Federal taxes would pay $54.83 per year/$4.57 per month in new taxes if both proposals are approved.
  3. Resident home owner with $70,000 of yearly household income, $100,000 of taxable home value ($200,000 home), under the age of 65, and itemizes State and Federal taxes would pay $317.05 per year/$26.42 per month in new taxes if both proposals are approved.
  4. To estimate your personal cost, go to the tax calculator on our web page www.nvps.net or you may stop into the Central Office or any one of our schools and ask for help in using the tax calculator.

 Q:  How do the bond proposals benefit Northview residents who do not have children in schools?

 A:  According to The Grand Rapids Press article (Your Money section dated September 12, 2011) “home property value hinges on health of surrounding area. Andrew Schiller, creator of www.NeighborhoodScout.com, a real estate research website, cites examples of key amenities that add value to a neighborhood.  Good public schools were the second highest amenity behind low crime rates.  Good schools help maintain property values for all citizens.  The two bond proposals enable Northview to continue its tradition of providing a quality education for our community. NVPS brings many people into the community just by our district's reputation.  This maintains and increases property values.

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