Grant Public Schools

2025 Sinking Fund Millage Proposal

vote

Superintendent Message

Dear Grant Community,

For over a century, Grant Public Schools has been the educational center of the community, expanding from a single school building to a campus with multiple school buildings and athletic facilities. The average age of our school building is over 53 years, with our newest school building opening nearly 30 years ago. Across the district, the infastructure is aging with needed repairs and replacement becoming critical. Currently the costs will be funded from the general budget, which impacts the amount of available funds for classrooms.

At the February 2025 meeting, the Grant Board of Education approved placing a 2-mill, 10 year sinking fund proposal on the ballot for the upcoming August 5th election. A sinking fund is levied on all property located in the school district and would generate $704,000 per year for 10 years for district improvements. This proposal represents an opportunity for our district to enhance our educational facilities and help ensure a safe and conducive learning environment for our students.

Thank you for your support,

- Kevin Akin

Slider is playing

Benefits of a Sinking Fund

Funding for needed improvements and repairs including:

  • Heating, cooling, air quality, roofs, asphalt, safety, technology, and transportation

  • Improved learning environments

  • More general fund money remains in the classroom

Additionally, there will be more transparency and accountability showing taxpayers exactly where and how the money will be spent.

What a Sinking Fund CAN NOT be used for:

  • Salaries & Benefits

  • Equipment & Supplies

  • Textbooks

  • Utilities & Operational Expenses

  • Furniture

  • General Maintenance

How will my taxes be affected?

Home Market Value

Taxable Value

Estimated MONTHLY Cost

$100,000

$50,000

$8.33

$150,000

$75,000

$12.50

$200,000

$100,000

$16.67

$250,000

$125,000

$20.83

$300,000

$150,000

$25.00

$350,000

$175,000

$29.17

FAQ