Looking to the future of Mason County Central School District, the Board of Education is asking the community to vote on a school bond proposal on the election ballot on Tuesday, May 3, 2022. If approved by voters, it would provide $33,635,000 for district-wide improvements to address identified and ongoing facility projects based on facility assessments and community input.
This bond will generate $33,635,000 for district-wide improvements.
It is projected that the debt tax rate would increase by approximately 1.95 mills in the first year over the district’s current debt tax rate. This equals approximately an additional $4.06 per month for every $50,000 of market value home (or $25,000 of taxable value).
Frequently Asked Questions
What is a
A bond proposal is how a public school district asks its community for authorization to borrow money to pay for capital expenditures.
How can funds from a bond be spent?
Voter-approved bond funds can be spent on new construction, additions, remodeling, site improvements, athletic facilities, playgrounds, buses, furnishings, equipment, and technology. Funds raised through the sale of bonds cannot be used on operational expenses such as employee salaries and benefits, school supplies, and textbooks. Bond funds must be kept separate from operating funds and must be audited by an independent auditing firm.
What are the key investments the bond focuses on?
Safety and Security