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Sinking Fund

Wednesday, November 30, 2011

Brighton School Board Considers Bond, Sinking Fund

A bond would help the district pay for building repair, maintenance, additions and technology upgrades.

During its Monday night meeting, board members, along with the public, heard the first lengthly presentation of the bond and sinking fund proposal from architects, construction and financial managers as the board considers. The Brighton Board of Education is considering asking voters next year to approve a bond and a sinking fund millage to help pay for building repairs and maintenance in light of an $8 million budget deficit. Some of the needed improvements would include new parking lots and new roofing. Officials said the high school is also in need of a new swimming pool and Hawkins Elementary needs a new gym because its current gym is small and doubles as the school gym and cafeteria. The board has not decided on a bond amount yet, but…

Marcia Oates

12:02 pm on Wednesday, November 30, 2011

Hawkins is the only elementary school in the district with a separate gym and cafeteria. All the other buildings have shared gym/cafeteria arrangements.   more ›

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