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Sinking Fund Vote
Vote Tuesday, May 2nd 2023
"Sinking Funds" are dollars secured to maintain district facilities in both Albion and Marshall. These funds are only collected with taxpayer approval and they help keep state funds in the classroom. This year's ballot proposal language includes improvements to security as well as technology. Albion & Marshall vote every eight years to renew this fund which has been successfully approved for over 20 years. Funds collected are based on millage; one mil is 1/1000th of a dollar.
"Sinking Funds" are dollars secured to maintain district facilities in both Albion and Marshall. These funds are only collected with taxpayer approval and they help keep state funds in the classroom. This year's ballot proposal language includes improvements to security as well as technology. Albion & Marshall vote every eight years to renew this fund which has been successfully approved for over 20 years. Funds collected are based on millage; one mil is 1/1000th of a dollar.
How much does the .0112 mil increase affect what I pay?
How much does the .0112 mil increase affect what I pay?
In dollars, the increase is approximately $0.56 annually for a $100,000 primary home ($50k taxable value).
Parking Lots
Parking Lots
Roofing
Roofing
Electrical
Electrical
Plumbing
Plumbing
Without sinking fund dollars, facility repairs and maintenance costs would need to be taken from the general fund which affects classrooms directly.
Without sinking fund dollars, facility repairs and maintenance costs would need to be taken from the general fund which affects classrooms directly.
By adding security & technology language, the district will widen funding opportunities and help keep our students safe.
By adding security & technology language, the district will widen funding opportunities and help keep our students safe.
Chromebooks & Laptops
Chromebooks & Laptops
For students and staff
Update Cameras
Update Cameras
In buildings & on busses
Security Film
Security Film
For classroom doors
Replace Exterior Doors
Replace Exterior Doors
Throughout the district
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