Bond Update - November 9, 2022 (BOE Special Meeting)
Supplemental Bond Discussion
The CCS Board of Education met to discuss a supplemental bond on November 9, 2022. There was consensus to move forward to meet with the Michigan Department of Treasury. Once the process with the treasury has been completed, the district will begin communicating with the community about the supplemental bond as more information becomes available.
Bond Update - October 11, 2022 (BOE Special Meeting)
Bond 2020 Update
The CCS Board of Education held a special meeting last night to finalize a decision about how the District will move forward with the 2020 Bond. Economic pressures in construction costs have pushed the price of planned bond projects significantly higher than anyone could have ever anticipated. With cost projections greatly exceeding the amount of money we have remaining in the bond, proceeding as originally planned would have required us to use general operating funds, significantly reducing our fund balance and placing the overall district operations at risk of severe reductions.
To help summarize the direction we are heading moving forward, we have put together a one-page summary document to highlight the details of their decision to finish the remaining projects on the list and move forward with BONDING for a NEW Dutton Elementary. While we still have a lot of work to do to make this happen, we are confident that our board made a decision that is beneficial to all students and staff of Caledonia. We are committed to making every effort to share with our community the importance of upgrading all facilities in Caledonia, and providing the families and staff at Dutton Elementary with a facility that meets all their needs, now and for the foreseeable future.
A copy of the October 11th presentation can be found on our website, as well as a recording of the entire meeting. For information, questions, or inquiries regarding the Caledonia Schools 2020 Bond program, please visit our website or email us at Bond2020@Calschools.org.
We are very thankful for the time and commitment our board of education put in to make this tough decision. We know they did not enter into this lightly, but are thankful for the direction they have given us to proceed.