Bond proposal in G-A School District November 4

By Bruce Rolfe

An $11.2 million bond project by the Galesburg-Augusta School District was approved by the Michigan State Treasury Department and ballot wording has been submitted to the Kalamazoo County Clerk and Register of Deeds office for the November 4, 2025 election.

Literature distributed by the school district states if approved, the bond will fund mechanical updates, provide upgrades in the transportation department and will be used for roof repairs and replacement.

The school district’s information literature notes mechanical equipment and temperature control systems that are centered around maintaining consistent heating and cooling in the district’s facilities will be replaced.

Ballot language adds part of the bond money will be used to construct a new transportation facility, which the district states is outdated and needs essential safety and operational standards upgrades. The school district states the current transportation facility lacks the space, technology and efficiencies needed to properly support the daily transportation needs of students, staff and the community.

The district adds many of the school roofs have exceeded lifespan, causing leaks and structural concerns. The district feels replacing the roofs now will reduce long-term repair costs.

The November 4 election ballot language from the County Clerk and Register of Deeds office notes the estimated millage that will be levied for the proposed bonds in 2026 is 1.00 mill ($1.00 on each $1,000 of taxable valuation) for a 0.00 mill net increase over the prior year’s levy. The maximum number of years the bonds of any series may be outstanding, exclusive of any refunding, is 17 years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 2.03 mills ($2.03 on each $1,000 of taxable valuation).

The ballot proposal notes the school district does not expect to borrow from the state to pay debt service on the bonds. The total amount of qualified bonds currently outstanding is $26,935,000. The total amount of qualified loans currently outstanding is $0. The estimated computed millage rate may change based on changes in certain circumstances.

The school district states the bond will be funded through local property taxes. If approved, it is expected that the overall debt levy will remain at the 2025 rate.

Pursuant to state law, expenditure of bond proceeds must be audited and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.

Tower Pinkster is the architect listed for the bond project.

––––––––––––––––––––
Subscribe to the Legal News!
https://legalnews.com/Home/Subscription
Full access to public notices, articles, columns, archives, statistics, calendar and more
Day Pass Only $4.95!
One-County $80/year
Three-County & Full Pass also available