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Saturday, Apr. 30, 2016

Administrator gives update on Prop. K.I.D.S. (PHASE II)

Wednesday, January 30, 2013

Proposition K.I.D.S. (PHASE II) is the second phase of a long range facility needs and improvement plan which calls for a special bond election to be held April 2, 2013. The Kennett No. 39 Board of Education is asking the voters to allow the school district to borrow $4,000,000 for the purpose of renovating Masterson Elementary and South Elementary campuses. Bonds will be sold for the purpose of generating enough revenue to pay the debt. The present debt service levy of $0.70 will be adequate for this purpose. Therefore, NO tax increase is required.

PHASE I was the renovation of the Kennett High School and included guaranteed energy savings of over $800,000 over 20 years. The first year energy savings was $32,641 which exceeded the guaranteed amount by 88%. Some of the other PHASE I results were:

* Test Scores increased by 8.9%

* Graduation rate increased by 8.9%

* Attendance rate increased by 1%

* Indoor air quality improved-fewer asthma problems

PHASE II, which will improve the education environment for South and Masterson Elementary, also has an estimated energy savings of over $530,000 over a 20 year period. PHASE II has a total estimated savings (energy, operations and maintenance) of $1.6 million over a 20 year period. As a district, the savings that would result from the renovation of South and Masterson Elementary would be used throughout the district for instructional purposes, security and technology upgrades, as well as the overall operation of the district.

If passed, PHASE II gives the Kennett School District #39 and the patrons of the community a unique and exciting opportunity to have three of five campuses completely renovated. As we move forward with Proposition K.I.D.S. (PHASE II), keep in mind that the current $0.70 cent debt service levy, along with reserve funds from the district, will be sufficient to meet the payment obligations thus resulting in a NO Tax Increase.

The renovations that will take place at both Masterson and South Elementary include replacement of the HVAC and electrical systems, replacement of windows, interior and exterior doors, roof replacement and or repair, renovation of restrooms, interior finishes, updated lighting and cafeteria expansion at South Elementary. The cafeteria expansion will address the overcrowding issue at lunch due to an increase in student enrollment.

As I stated earlier, this is PHASE II of a long range plan that will allow the District to move closer to the goal of upgrading all facilities over a 15 year period and can be done with a NO tax increase bond issue.

If you have any questions regarding this matter, please contact me at (573) 717-1100 or cwilson@kennett.k12.mo.us



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