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.
Referendum info presented to public