Bond4Bullpups

Welcome to the Bond4Bullpups
Informational Page

Important Dates 

Last Day to Register to Vote is October 17th 2017
1st Day for Advance voting is October 18th with last day for mail in advance voting October 31st
Walk in advance voting ends November 6th in the County Election Office
ELECTION DAY—NOV 7th
Second Community Meeting is from 5:00-7:00 PM at Caney Valley Jr/Sr High, on Tuesday 10-10-2017. Representatives from Trane and PiperJaffray will be on site.




Please Feel Free to Watch the YouTube Video below for information regarding the upcoming Bond Election on November 7, 2017



FREQUENTLY ASKED QUESTIONS

How long has it been since our last bond passed? It has been since the 1970s, when the last bond was issued in order to build the current Junior/Senior High School. The District has taken pride in all of their efforts to maintain both their facilities, but the time has come for major system updates in order to maintain the excellence Caney is known for. Years of court ruled inadequate funding has left the District in a tough situation. Although a new facility was discussed, the anticipated expense and tax burden was not feasible at this time.

How much is the district asking for in the school improvement bond, and how did they arrive at that number? The District worked through a year-long facility audit that initially identified over 7 million in district concerns. After discussing with community members, the decision was made to narrow the initiative to focus on the highest priority needs and utilize future capital funds to address other items that were identified. The total cost will not exceed $4 million.

What is the scope of work for the bond? Lincoln will see a major overhaul of its heating and cooling systems and building loop. The initial construction resulted in a non-pressurized pipe that is now beginning to leak. In addition, instead of having multiple loops, the building will finally be connected to one system loop to increase efficiency. The High School will see HVAC replacements, new double paned windows, a major electrical system upgrade to modern standards, and multiple lighting enhancements, including replacing Gym lights. In some cases, current bulbs in use are no longer manufactured. The mansard roof (metal fascia) will be replaced and with improvements to a large portion of the school, a paint and reseal will be done on the outside of the building to increase durability and appearance.

What is an energy service contract within a bond and how is it different from other bonds? An energy performance contract is an established means of contracting that provides guarantees of cost savings, indoor air quality and thermal / visual comfort levels to the District based on improvements that are made. In the event the savings are not realized the energy contract provider, in this case Trane, owes the District the difference. This ensures that all improvements made are in the best short and long term interests of the District and will result in savings that can be utilized in the future. One example of this is the lighting improvements identified in the project, with an estimated $27,000 saved annually.

Why can’t we save up and pay for it? Unfortunately, the age and condition of our equipment that will be replaced is at a breaking point, being it is well past its expected service life. To continue operating is only setting us up for a major system failure that would result in lost classroom time and safety concerns not only for staff, but students.

Do we really need it? The board of education has researched the impact of the bond initiative and in the event it fails will be forced to seek financing the project through alternative methods. This is not preferred because it will involve higher interest rates than a bond, utilizing only local funds with no state aid specific to a bond, and ultimately reduce general operating funds that could cause further reductions. If a bond were passed the amount of the bond paid for by residents outside of Caney or state aid portion is approximately $520,000 dollars. If a bond failed, that $520,o00 would be an additional cost not necessary with bond passage. Current bond rates are near historic lows and truly allows the District the best return on investment.

Is 4 million enough? Why are there not classroom improvements or other enhancements included in this bond? With successful passage of the bond the district will be able to utilize future capital funds to address classroom, technology, and a variety of other concerns not in the bond.

What is the estimated financial cost of the bond on a taxpayer? For the average homeowner this amounts to 16 cents a day, or $4.94 a month, around $59 per year.