East Grand School District: Board offers East Grand school bond update

The East Grand Board of Education recently approved $133,000 in bond expenditures. The original $19.6 million bond premium fund, the district has $474,000 left that must be spent by Dec. 30, 2009.

Projects

Additional painting at Granby Elementary and Middle Park High schools: $2,800

Fiber optic test at the Middle Park High: $1,300

Grand Lake Elementary Review to make sure school standards are up to date: $2,500

Improvements to East Grand Middle School gazebos to make them safer and sturdier: $1,200

Add rubber floor coating to Middle Park High school weight room floor: $4,300

Add classroom blinds to East Grand Middle School: $11,500

District building repairs: $80,000

Reshelf replacement of materials from construction: $18,000

Purchase of Fraser Elementary teacher desks for new wing: $2,500

TV/VCR/Mount at Middle Park High and Fraser Elementary: $6,000

Middle Park High wall mount senior photo display: $2,800

Projected expenditures

Here is a list of money the school district could consider setting aside for future projects that may need to be addressed, said Superintendent Nancy Karas.

Asphalt repair at Middle Park High and district schools this summer: $100,000

East Grand Middle School playground, $25,000

Grand Lake Elementary School and Fraser Valley Elementary fencing: $25,000

Fraser Tap fee: $26,300

Fraser Valley Elementary Preschool playground: $75,000

Granby Elementary Preschool playground: $75,000

Middle Park High School gym mural: $7,000

Middle Park High School/ East Grand Middle School roof repair: $75,000

Oven/ Mixer: $15,000

Redo Middle Park High School gym floor: $25,000

Middle Park High School track maintenance: $30,000

Mill levy

East Grand Finance Director Donette Schmiedbauer reviewed the process to set the mill levy for each year at a Board of Education special meeting Dec. 15, according to district documents.

The Colorado Department of Education allows each school district to set its own rate. Since assessed property value increased this year, the mill levy rate dropped from 20.77 to 20.45. Included in the mill levy are the bond repayments for 2004 and 2007, and the voter approved transportation and technology levies, documents show.

The board unanimously approved that the Board of Education certify the mill levy for 2009 property tax at 20.45 mills, with the resolution that interest from all funds and Bond Fund specific ownership taxes be allocated to the general fund for the 2008-09 budget, documents said.

” Katie Looby covers government and education for the Sky-Hi Daily News. You may reach her at 887-3334 ext. 19601 or klooby@skyhidailynews.com.