YHS Bond Issue Information

YORK HIGH SCHOOL - BOND ISSUE FACT SHEET

Why is this project needed?
• YHS is showing its age and the effects of being 36+ years old with no major renovations
• To address numerous issues that have become necessities in 21st century education that were not an issue back in 1975 when YHS was constructed; such as an emphasis on technology integration and special education accessibility and programming
• To heighten and emphasize school security/safety with a move of the high school office complex to the front entrance of the building
• Insufficient kitchen, food preparation, and serving area as meals are currently prepared at YMS and transported over daily
• Inadequate and outdated band and vocal music areas that are too small
• Lack of gym space for high school, district, and youth activities
• Greatly enhance electrical and mechanical performance and efficiency
• Improve lighting, windows, doors, and main entry ways
• Update deteriorating bathrooms
• Address lack of parking and traffic flow issues to/from campus

Why do this now?
• Outstanding time for interest rates as YMS bonds were re-financed in October 2010 for a savings of $1.2 million in interest costs
• York Elementary bonds were paid off in May 2011
• Very competitive construction costs that many schools around the state are reporting as 82-85% of their anticipated costs
• With an exceptional middle school and a recently updated elementary, this project would allow York Public Schools to be in great shape for 25-30 years

Public Forums in the YHS media center so you can hear/see more about this bond issue:
• Thursday, Sept. 29th from 7:00-8:00 PM
• Wednesday, October 19th from 7:00-8:00 PM
• Wednesday, October 26th from 7:00-8:00 PM

Building Tours of YHS so you can hear/see why this project is needed:
• Sunday, October 9th from 2:00-3:00 PM
• Sunday, October 16th from 2:00-3:00 PM
• Sunday, October 23rd from 2:00-3:00 PM
• Sunday, November 6th from 2:00-3:00 PM

Financial Considerations & Tax Impact
• Maximum total project cost is $12,535,000 with a 20-year bond term
• Levy would increase no more than 9.7 cents, meaning $97 for every $100,000 of valuation you have. If you have a $200,000 house (for example), your taxes would increase $194 per year or $16.16 per month).

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Check out www.yorkpublic.org and look for the “YHS Bond Issue Information” tab for more information


ELECTION DAY is November 15, 2011