On Tuesday, November 2, residents of the Edgewood-Colesburg Community School District will vote on a pair of bond issue questions. If approved, the district would be able to move forward on the following projects to address the most pressing facility needs in our schools:
Upgrades to mechanical and HVAC systems at our elementary school
New career and technical education spaces
Improved accessibility in the Jr./Sr. High School building
Improved student and traffic safety and a new secure entrance at the Jr./Sr. High
New competition gym
Recent News & Updates
There will be two questions on the ballot:
Question #1 asks voters to allow the Board of Education to issue $12,050,000 in General Obligation Bonds to provide the funds necessary to move forward with the identified projects.
Question #2 asks voters to approve an increase in the tax levy above $2.70, but not more than $4.05, per every $100,000 of assessed property value within the district boundaries.
The district would use a mix of income surtax and property taxes to reduce the burden on property owners and to keep the overall district tax rate levy below the 20-year average. To that end, an approved bond would result in a $2.00 tax levy rate increase and would have a property tax impact of $103/year ($8.59/month) on a home with an assessed value of $100,000.
In the coming weeks, we will host several community meetings where you can learn more about our needs and the solution on the ballot. You can also ask questions and provide feedback. We hope you can join us for one or more of the following meetings:
Thursday, October 28 at 6:00 p.m.
Gym, Jr./Sr. High School (Edgewood)
WHY MOVE FORWARD NOW?
The district and board believe that now is an important time to address ED-CO’s most pressing facility needs in a comprehensive and sustainable manner.
Interest rates are currently at historic lows. Moving forward now would enable the district to make the most of the opportunity to address its facility needs.
At the same time, construction costs continue to increase every year. The longer we wait to address our facility needs, the more expensive it will be to do so.