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VIDEO: Board Members Explain Why They’re Seeking $89 M Referendum for Improvements

District 113 Board members give rationale for voting to place school referendum on April ballot.

The District 113 Board of Education unanimously voted to seek an $89 million referendum from the community to help finance significant facility improvements at Deerfield and Highland Park High Schools. District 113 residents will vote on the referendum item during the April 9, 2013 consolidated election.

Board members explained their rationale for voting to place the referendum on the ballot at their Jan. 14 Board of Education Meeting. You can watch excerpts of their statements by clicking here.

The $89 million referendum will finance projects identified as top priorities by study groups, architectural experts, and the Master Plan Steering Committee. The Steering Committee was made up of community members with substantial architecture, construction, and finance experience. They oversaw the architect’s entire design phase providing feedback along the way.
 
The Steering Committee proposed projects estimated to cost $120.4 M. They tasked the District architecture firm Perkins + Will and the construction management firm Gilbane to reduce that cost through value engineering by approximately 5 percent totaling $6.4 M, which would lower the overall cost to $114 M.

The projects proposed include: $47.8 M in infrastructure work at DHS and HPHS (mechanical, plumbing, fire protection, electrical, lighting, technology, security, windows, ADA); $26.1 M for repurposing the 100 year old B building at HPHS
and reconstructing the 100 year old C and C Annex buildings at HPHS; $19.6 M for new pools at DHS and HPHS; $21.2 M for new multi-purpose gyms at DHS and HPHS; $3.8 M for renovation of the library and media center at DHS; $1.9 M for security enhancements at DHS and HPHS and ADA adaption of PE at DHS.

The Board has decided to commit $25 M from its current budgets to help finance these projects in addition to the $89 M referendum.

For more information on the referendum and it's projects head to District 113's website.

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Richard H Heineman Jr February 05, 2013 at 02:46 PM
The discussions are about the amount of taxes that go towards paying for Bonds principal and interest. That is what is impacted by the referendum. For a detailed presentation please go to the districts website. The information that you have requested is on pages 19 and 20 of this PowerPoint. http://www.dist113.org/Documents/Board%20of%20Education%20Presentation%201%2014%2013.pdf This information will be a part of all communication to the public
Walter White February 05, 2013 at 03:00 PM
OK so if I'm reading this right, in 2013 for a 600K home, I'd pay $358 for a 20 year bond, as opposed to $32 for no referendum. So the impact for that homeowner would be $326. And that would gradually reduce over time. Is that accurate?
Richard H Heineman Jr February 05, 2013 at 03:16 PM
The payment towards the Bonds and interest associated with the referendum would remain constant over the bond period. The around paid towards old bonds goes down over the period. I believe that this is $326 for the house assessed at $600K. Remember that it is not what you think your house is worth, it is what it is assessed for. I still think of my house as being worth $600K but the market and the assessor know that it is now worth $450K. Chesk your bill to see what your actual assessment is.
Walter White February 05, 2013 at 03:19 PM
Yes, of course. And the assessment changes every year, also. But it's good to look at a consistent number for evaluation purposes.
Ken Robertson February 05, 2013 at 03:48 PM
Not sure how we ended up discussing this across three different threads and articles! Here's more of the discussion if anyone is interested: http://highlandpark.patch.com/articles/d113-school-board-releases-video-explanation-of-april-referendum#comments

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