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Thank you to the Gobles Public School Board   Ben Baxter, Kevin White, Erin Phillips, Joe DeYoung, Justin Burza, Melanie Martin and Susan Dalton-Akers.
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GOBLES PUBLIC SCHOOLS 2023 BOND PROPOSAL QUESTION: WHAT INFORMATION IS PROVIDED ON THE : WHAT INFORMATION IS PROVIDED ON THE BALLOT FOR THE BALLOT FOR THE 2023 BOND PROGRAM?  On November 7, the Gobles Public Schools community will consider a bond proposal to generate $27.77 million in funds for facility improvements with no millage rate increase to the current millage rate. Below is a breakdown of the ballot language. ($27.77 MILLION BOND The district would sell $27.77million in bonds to fund the proposed projects.)   Shall Gobles Public Schools, Van Buren and Allegan Counties, Michigan, borrow the sum of not to exceed Twenty-Seven Million Seven Hundred Seventy Thousand Dollars ($27,770,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of: • erecting, furnishing, and equipping additions to the Middle/High School building; • remodeling school buildings, including remodeling a portion of the elementary school building for early childhood classroom purposes; • furnishing and refurnishing, and equipping and re-equipping school buildings; • acquiring and installing instructional technology and instructional technology equipment for school buildings; • purchasing school buses; • and preparing, developing, and improving the site. (SAFETY + SECURITY AIR CONDITIONING FOR ALL CLASSROOMS IMPROVED LEARNING ENVIRONMENTS FOR MIDDLE SCHOOL / HIGH SCHOOL UPDATED EARLY CHILDHOOD EDUCATION SPACES RENOVATED PERFORMING ARTS CLASSROOM TRAFFIC IMPROVEMENTS.)  YES _______ NO _______ (NO MILLAGE RATE INCREASE. With a 0 mill net increase over the current millage rate, the approval of this bond proposal would keep our millage rate at 9.00 mills.)  The estimated millage that will be levied for the proposed bonds in 2024, under current law, is 1.07 mills ($1.07 on each $1,000 of taxable valuation),  for a 0 mill net increase over the prior year’s levy. The maximum number of years the bonds of any series may be outstanding, exclusive of any refunding, is twenty-seven (27) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 4.65 mills ($4.65 on each $1,000 of taxable valuation).  The school district expects to borrow from the State School Bond Qualification and Loan Program to pay debt service on these bonds. The estimated total principal amount of that borrowing is $2,303,626 and the estimated total interest to be paid thereon is $735,446. The estimated duration of the millage levy associated with that borrowing is ten (10) years and the estimated computed millage rate for such levy is 9 mills. The estimated computed millage rate may change based on changes in certain circumstances. The total amount of qualified bonds currently outstanding is $7,985,000. The total amount of qualified loans currently outstanding is approximately $527,336. (Pursuant to State law, expenditure of bond proceeds must be audited and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.) VOTE NOVEMBER 7, 2023  For more information and FAQs visit goblesbond.com.
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Please join us for a Gobles Public Schools 2023 Bond Community Forum    All are invited to learn more about the upcoming bond proposal on the November 7, 2023 election. Absentee voting begins September 28! Wednesday, September 13 at 6 p.m. in the Middle School Gym    Learn more at goblesbond.com!
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