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Residents will be asked to vote on a capital project proposition

Significant improvements can be made while literally building upon the strengths of Schoharie High School to ensure that students are prepared for college, career and a promising future.

As a result, Schoharie Central School District will ask district residents to vote on a $19,875,000 capital project proposition during the same time that they vote on the proposed 2017-18 school budget. More than 83 percent of the project cost would be covered by state aid.

The proposed capital project will appear as a proposition on the ballot separate from the proposed school budget.

The vote will take place on May 16, 2017, from 9 a.m. to 9 p.m. in the high school library lobby.

A capital project must be approved by local residents before it can be submitted to the state for approval.

Residents will also vote on May 16 on a proposition to establish a Capital Project Reserve Fund to cover the local cost of the capital project. The Capital Reserve Fund would be drawn from the district’s available fund balance, at an amount not to exceed $2.5 million.

Why a capital project?

Capital projects enable a school district to invest in its facilities with significantly less financial pressure than if such costs are included in regular school budgets. Under a capital project, a majority of the building repairs, renovations and upgrades are covered by state building aid, with the district reimbursed for allowable costs.

A capital project also can be less expensive over time than spending periodically to make repairs: Without a comprehensive capital project, it is estimated that SCS will have to spend at least $5 million every five years just to keep its facilities meeting minimal standards for safety and operation.

In addition to addressing immediate building and campus concerns, capital projects are used to prevent future, often more costly repairs and construction and to save money through improved energy and operational efficiencies.

By funding much-needed repairs and improvements in a fiscally responsible manner, capital projects ensure that buildings continue to serve a community's children well into the future by providing a better learning environment, increasing operational efficiencies, and maintain safe and healthy facilities.





[Dec. 2016; updated 2/2017]


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