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Posted: Monday, 21 April 2014 9:30PM

Sinking Fund Up For Renewal



A fund which helps maintain buildings and support district programs is up for renewal in the Lakeshore school district. Superintendent Phil Freeman says the sinking fund is an important part of the district's recent improvements and upgrades.

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He says these, along with other district improvements couldn't have happened without it.

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The district has a number of projects lined up over the next decade to utilize the fund, including mechanical equipment replacement, energy efficiency improvements, and replacing the gym floor at the high school.

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The sinking fund also helped to reduce the amount of last year's bond proposal. If the continuation is approved it would not increase taxes.


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