Broken Bow Public Schools Bond

Broken Bow Public Schools Bond

Election Day is Tuesday, November 9th

The Broken Bow Board of Education has called a school bond election in an amount not to exceed $29.9 M to address urgent facility and program needs.

Project Description

The project consists of approximately 98,000 square feet of new construction, 46,000 square feet of renovation and the demolition of the 1938 middle school building. Specific areas for Agriculture, Auto, Metals, Woods and Performing Arts will be created as well as additional classroom space. Many areas will be renovated and upgraded for functionality and safety including the Science lab, lobby/commons area and gymnasium.

Follow along on Facebook for more details: https://www.facebook.com/buildbowtogether

Urgent Needs

  • Must improve our Agriculture and Vocational trade facilities to increase opportunities for our students.
  • Current Science classrooms are inadequately equipped for lab instruction and pose safety risks.
  • Current performing arts facility is inadequate for school programs, functions, and community performances.
  • No single secure facility entrance to meet school safety guidelines.
  • Must address fire code and handicap (ADA) accessibility issues.
  • Mechanical systems are inefficient and increase annual expenditures through ongoing “band-aid” repairs.

Project Benefits


Students will be prepared to contribute to agriculture and technical trades upon graduation

New Ag, auto, metals and woods addition will allow for a safer environment as well as increased student participation

Science labs will be fully functional and meet safety standards

New performing arts space will provide opportunities for our students and our community

Efficient, safe, and secure facilities will make the best use of tax payer dollars

All safety and compliance codes will be addressed

Join Us for Community Tours & Meetings

Tour the existing building, ask questions, and learn more about the bond.


October 19th

Middle School Auditorium
Building Tour : 5:00pm

October 27th

Middle School Auditorium
Building Tour : 6:00pm
Meeting : 7:00pm

November 1st

Cobblestone Hotel
Building Tour : 5:30pm
Meeting : 7:00pm

Slideshow from the previous community meetings:

WHAT WILL THE BOND COST ME?

NET LEVY INCREASE DUE TO BOND ISSUE
11.0 CENTS PER $100 OF VALUATION*

Residential/Commercial Property

$100,000$110/year
$200,000$220/year
$300,000$330/year
$400,000$440/year
$500,000$550/year

Agricultural Land (per year)**

AcreQuarter
Irrigated$3.48$557
Dry$1.45$232
Grass$0.86$138

*Based on 16 Cent Bond Levy – 5 Cent reduction bond/building fund levy
**Based on average assessed value per acre in Custer County according to NE Dept of Revenue

COST WITHOUT A BOND?

  • Approximately $10,000,000 is required just to address code, safety, and security issues
  • Board would have to levy maximum of 14 cents annually in Special Building Fund to generate $1.3 million per year
  • Would take 10 years to save up $13,000,000 to address code, safety, and security issues (3-5% annual inflation)
  • Board could continue to save and phase with 14 cent building fund levy for the foreseeable future to address needs
  • A 14 cent building fund along with current bond being paid off is projected to result in about a 9 cent levy impact per year

BUILD BOW TOGETHER NOW = 11 CENT NET ANNUAL LEVY IMPACT

SAVE AND PHASE OVER THE NEXT 20-25 YEARS =
9 CENT NET ANNUAL LEVY IMPACT

FOR AN ADDITIONAL 2 CENTS PER $100 OF VALUATION PER YEAR ALL FACILITY AND PROGRAM NEEDS CAN BE ADDRESSED NOW.


2021-11-09T08:00:00

  days

  hours  minutes  seconds

until

Days Until Voting Day!


Follow along on Facebook for more details: https://www.facebook.com/buildbowtogether