What is a bond proposal?
A bond is a state-approved borrowing process for a set scope of projects. When voters approve a bond proposal, the school district sells bonds in the authorized amount and uses the proceeds of the sale to pay for those projects in the bond proposal.
In many ways, the bonding process is like a homeowner obtaining a mortgage and making payments over a period of years.
How were the bond proposal projects developed?
Paw Paw Public Schools is committed to a process for ongoing evaluation and monitoring of all school facilities. Continually evaluating and monitoring school facilities helps to protect the community’s investment in its schools.
Working with construction, technology, and architectural specialists, the school district completed an in-depth facility study in the summer of 2020. The study identiﬁed all facility needs. After reviewing and prioritizing each proposed project, the ﬁnal bond proposal projects list totaled $53.6 million.
The students, staff , parents, and community members then reviewed the ﬁnal list of facility projects to be completed through a series of presentations conducted during Fall 2020 and Winter 2021.
How would the bond proposal affect my taxes?
If approved, the $53.6 million bond proposal would present voters with a one (1) mill increase. For a home with a $50,000 taxable value ($100,000+ market value), the homeowner would realize an approximate $4.17/month property tax increase.
Would all the bonds be sold at one time?
No. To save interest costs, the bonds would be sold in two series.
If the bond is approved, what is the schedule for the completion of bond proposal projects?
Work on the bond proposal projects would begin immediately following approval of the bond. Projects most likely included in the ﬁrst series of bonds will be construction of an early childhood center, a cafeteria expansion at the high school, and other major construction at the middle school. Remaining projects will be completed in the second series. It is estimated that all projects would be substantially completed by 2027.
Can any of the bond proposal funds be used for employee salaries or operating expenses?
No. Bond proposal funds cannot be used for employee salaries. They also cannot be used for repair or maintenance costs or other operating expenses. Bond proposal funds must be used only for purposes speciﬁ ed in the ballot language, and as required by state law, they must be independently audited.
Who can vote in this bond proposal election?
Residents of the Paw Paw Public School District who will be 18 years of age or older on Election Day and are registered to vote.
Where can I get information about voting (such as how to register, where to vote, and absentee voting)?
Go to the Michigan Voter Information website www.michigan.gov/vote or call the Clerk’s Office where you reside.
Do I need to update my voter registration?
You need to update your voter registration if you have changed your name or address since the last time you voted. You can do this at any Secretary of State Office or at the Clerk’s Office where you reside.
Can I vote by absentee ballot?
Yes. Since voter approval of Proposal 3 in November 2018, registered voters do not need a reason to vote by absentee ballot. You can request an absentee ballot application from your Clerk’s Office or by going online to www.michigan.gov/vote and clicking on Absentee Voting in the left column. Absentee ballots should be available to voters after June 18th and may be cast through Election Day.