Mendon Community Schools
2013 Bond Proposal
Overview

Facility Assessment Overview

Cost Assessments

Funding Options

Program Schedule
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
What We Looked At

Existing conditions

Needs of the school

Priorities
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Elementary

Site Recommendations - $456,000
 Separate staff lot from parent drop off Safety
 Add curbed walk to bus drop off - Safety
 Upgrade Playground – Safety / Code
 Improve Site lighting - Safety
 Replace damaged asphalt pavements and
damaged concrete sidewalks - Safety
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Elementary

Architectural Recommendations - $2,513,000
 Replace Roof
 Upgrade group toilet rooms to make Handicap
accessible
 Upgrade classroom toilet rooms, fixtures and
finishes
 Remodel office for secure entry and add card
access system
 Replace damaged sections of flooring finishes
 Replace lockers
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Elementary

Mechanical Recommendations - $535,000
 Heating and cooling distribution system needs to
be replaced
 Internal water distribution system needs to be
replaced
 Upgrade HVAC controls – pneumatic to digital
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Elementary

Electrical Recommendations - $115,000
 Replace older electrical panels
 Upgrade emergency lighting

Additional Work - $205,000
 Remove existing 1906 building
 Remove existing medical office building
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Middle/High School

Site/Master Recommendations - $524,600
 Long term asphalt paving replacement
 Running Track Replacement
PHOTO
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Middle/High School

Architectural Recommendations - $2,177,000




Replace roof areas out of warranty
Cafeteria area in need of renovations
Replace sections of flooring
Provide metal siding to prevent water
infiltration/damage
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Middle/High School

Mechanical Recommendations - $1,068,000
 Replace boilers and piping
 Replace main gym and café AHUs
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Assessment – Middle/High School

Electrical Recommendations - $231,000
 Stadium lighting and sound system in need of
replacement
 Electrical panels and feeders need replacement
 Long term replace site lighting with higher
efficiency fixtures.
 Locker room lighting in need of replacement

Additional Recommendations - $1,697,000
 Upgrade technology
 Purchase new busses
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Lifespan of Building Systems
PHOTO
Building
Original Year Built
Age
Elementary School
1955
(renovated 2005)
58
Middle/High School
1976
(renovated 2005)
37
Building System
Life Expectancy
Architectural – Doors, Windows, Roofs etc.
20 years
Plumbing systems
30 – 40 years
HVAC Systems
15 – 40 years
Lighting / Electrical
20 – 25 years
Cabinets / Fixtures
30 years
Interior Finishes / Furniture
10 years
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Why A Bond Program?
To meet the growing needs of the school
Why?
 To stay safe
PHOTO
 To maintain the life of our buildings
 To keep up with the changing world
 To prepare our kids and give them the best
resources and education available
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Construction Bond Issue

Bond issue is an agreement to sell bonds to investors to fund
facility improvements

Taxes are levied annually to pay back the investors with interest
over a period of time. (25-30 years – like a mortgage)

Must be approved by the voters

Allowed Expenses: Major Remodeling, new facilities, busses,
technology, furniture and land purchases.

Not Allowed: Repairs, Bus Maintenance, Instructional Materials,
Teacher or administrator salaries.
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Financing Strategy
PHOTO

Minimize Taxpayer Burden

Conservative interest rate and property
tax value assumptions

Time phased with needs assessment

Mill increase no greater than 1 mill

One election for all phases
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
The Master Plan
 1 vote… 3 phases… 8 years
 Phase 1 – 2014, $4.1 million
 Phase 2 – 2018, $3.3 million
PHOTO
 Phase 3 – 2022, $1.9 million
 Increase millage by 1 mill level
term
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Millage Definition

The amount of mills needed for a given project(dollar amount) in a
community depends on the value of the property in the area.

The mills generated can be used either to pay back a construction
bond or to pay as you go for sinking fund projects.

Property tax is calculated by taking the assessed value of a property,
multiplying it by the mill rate and dividing it by 1,000.

Example: $100,000 market value home has an approximate
$50,000 State Equalized Value (SEV) for tax purposes. To calculate
millage:
$50,000 / 1000 = $50 per year in additional taxes for every 1 mill
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Current Debt Mills
School
Mills
Sturgis
8.37
Mendon
7
Constantine
6.8
Three Rivers
6.3
Colon
5.6
Centreville
4.0
White Pigeon
3
Nottawa
0
Burr Oak
0
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
The Impact of a 1 mill Increase
Home Market Value
Taxable Value
Average Annual
Increase
Average
monthly tax
increase
$50,000
$25,000
$25
$5.17
$100,000
$50,000
$50
$4.16
$150,000
$75,000
$75
$6.25
$200,000
$100,000
$100
$8.33

www.mytaxcalc.com/mendon
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Investment by Type & Phase
Category
Phase 1
[2014-2017]
Phase 2
[2017-2020]
Phase 3
[2021-2024]
Grand Total
Percentage
of total
Building Renovation
$2,787,600
$2,178,000
$976,000
$5,941,600
64%
Athletics
$0
$225,000
$22,000
$247,000
2%
Tech
$38,000
$0
$0
$38,000
0.4%
Parking Lot
$0
$210,000
$300,000
$510,000
5%
Technology
$400,000
$300,000
$300,000
$1,000,000
10%
Security
$204,000
$181,000
$30,000
$415,000
4%
Grounds
$246,000
$13,000
$29,000
$288,000
3%
Demolition
$205,000
$0
$0
$205,000
2%
Buses
$265,432
$203,078
$228,586
$697,096
7%
Grand Total
$4,146,032
$3,310,078
$1,885,586
$9,341,696
100%
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL
Next Steps
 Vote on February 25, 2014
MENDON COMMUNITY SCHOOLS 2013 BOND PROPOSAL