This is probably the easiest decision on the ballot. The West Bend School District is facing a rapid and persistent DECLINE in enrollment and has done almost nothing to plan for it. You would be an imbecile to give them over $150 million to educate fewer kids with zero commitment to improve educational outcomes.

In West Bend, district residents will be asked to approve a $106.25 million facilities referendum to fund security improvements, critical capital maintenance improvements, improve operational efficiency, realign grade levels and replace Jackson Elementary School.

 

With interest included, at a rate of 4.75%, and annual fair market property growth, at 2%, the estimated total cost is $165.45 million. The current interest rate of 3.95% would place the total cost at about $13 million less, for an estimated $152.45 million.

 

The estimated tax impact would be an increase in the mill rate of $102 per $100,000 of assessed property value for approximately 20 years, if approved (based on a 20year repayment for Tax-Exempt General Obligation Bonds, a 2% annual fair market property value growth and approximately $59.2 million in estimated interest costs — the cost at a 4.75% interest rate.)

 

Included in the referendum plan is the closing of Decorah Elementary, Fair Park Elementary, the Rolfs Education Center and the Education Service Center (district central office), which will help the district avoid $51 million in capital maintenance costs, according to the WBSD.

 

The referendum question for WBSD residents on the Nov. 5 ballot reads: “Shall the West Bend Joint School District Number 1, Washington County, Wisconsin be authorized to issue pursuant to Chapter 67 of the Wisconsin Statutes, general obligation bonds in an amount not to exceed $106,250,000 for the public purpose of paying the cost of a district-wide school building and facility improvement project consisting of: construction of a new Jackson Elementary building on district-owned land; renovations and construction of additions, including for safe and secure entrances at East/West High Schools; renovations, including new safe and secure entrances and grade level reconfiguration at Green Tree and McLane Schools; renovations and grade level reconfiguration at Silverbrook and Badger Schools; districtwide capital maintenance and site improvements; and acquisition of furnishings, fixtures and equipment?’