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Referendum info presented to public
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SHULLSBURG—The Shullsburg School District will be hosting two informational meetings open to the public to discuss the upcoming referendum for the school roof project.
The meetings will take place at 7 p.m. on Wednesday, April 25, and 2 p.m. on Wednesday, May 2, in the board room at the school.
Loras Kruser, district administrator, said the referendum—scheduled for May 8—was proposed to offer a solution to financing the replacement of the leaking roof of the school building. The school would borrow $1,375,000 to completely replace the roof. The project would be constructed over two summers and would extend the school’s debt payments of approximately $400,000 for three years. The school’s existing bonds are scheduled to be paid off in 2015.
“It’s a three-year difference on being debt-free,” Kruser said.
The mill rate impact for 2012-13 is anticipated to be 34 cents per $1,000 of valuation. Details about the funding of the project as well as the scope of the work to be done will be discussed in detail at the informational meetings.