BRONSON, MI (WTVB) – Voters in the Bronson Community School District will be asked on May 6 to approve a bonding issue that would be used to finance improvements at Anderson Elementary School and at other locations in the district.
The Bronson School Board of Education has approved the bond scope and ballot language for the proposal. The district is seeking permission to borrow no more than $32,330,000 and issue its general obligation unlimited tax bonds.
According to a post on the district’s Facebook page, projects that would be funded by this proposal would include an addition and renovations at Anderson including a secure entry/vestibule and main office area, additional classrooms to house students in grades K-5, a full-size gymnasium, a media center along with dedicated art and music rooms.
A yes vote would also allow the district to convert the 6-lane yardage track to 8-lane metric and build new tennis courts.
The bonds would be outstanding for no more than 25 years. The estimated millage that will be levied for the proposed bonds in 2025 is 4.98 mills.
The estimated simple average annual millage anticipated to be required to retire this bond debt is 4.61 mills. The school district does not expect to borrow from the State to pay debt service on the bonds.
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