Shall the board of Independent School District No. 177 (Windom Public Schools), Minnesota be authorized to issue general obligation school building bonds in an amount not to exceed $27,500,000 for acquisition and betterment of school sites and facilities including, but not limited to, construction of an Athletic Complex and Fine Arts Center, and improvements to the locker room, gymnastics space, and wrestling room?
Why is the district pursuing this project now?
Our Arts and Athletic facilities have been put on the back burner for a long time. With the need to update the track and the need to explore other options for baseball, soccer, and football due to repeated flooding, it made sense to look holistically at the facilities. There are efficiencies to doing projects together such as cost saving for equipment mobilization, bond administrative fees, design fees, etc.
What does $27.5 million dollars look like in my personal budget?
For the average homeowner of a $200,000 home, the increase in taxes would be $15 a month.
How does Ag2School Credit Impact this Project?
Ag2School Credit is state aid that will pay for 70% of the increase in taxes on Ag Land due to this bond.
60% of our tax base is farmland.
60% of the $27.5M is $16.5M. This would be the amount ag land owners would pay, but Ag2School accounts for 70% of the ag land increase.
70% of $16.5M is $11.5M in State Aid (approximately 41% of the project).
Of the $27.5 million, $11.5 million will be covered in state aid through Ag2School Credit.
What is the timeline for the project?
The residents of the Windom School District will vote on the project on May 13, 2025. If it passes, the district and architects will begin the design and bidding process. Groundbreaking would take place in the spring of 2026, and the Athletic Complex would be ready for the soccer and football season in the fall of 2026. The wrestling room, gymnastics space, locker room remodel and Fine Arts Center would be completed by the end of the year in 2027.
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