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Tuesday, February 1, 2011

District Funding and Facilities

District Funding and Facilities
District 1 District 2
Determine the 2010 Local District Property Value $ 145,968,635.00 $ 2,916,187,709.00
Determine the I&S ( Interest and Sinking Fund) Tax Collections $ 94,871.00 $ 8,836,256.00
Determine the Chapter 46 (EDA) totals $ 572,716.00 $ -

When looking at the above figures you would be fine to say that District 2 has the most funds available to make payments on existing debt/school facility bonds. District 2 has an enormously larger Property Value and their I&S Fund is considerably larger. With this in mind it is much easier for District 2 to provide new and updated facilities as well as maintain existing facilities. This is not saying that District 1 does not have new and updated facilities or that they fail to maintain current facilities, it just means that District 2 has more opportunity to do more. Part of the superintendent’s job is to provide a safe and secure environment conducive to learning. Being able to maintain facilities and keep them up to date allows them to provide this environment. With all things in mind I will say that District 2 does probably have the better facilities than District 2 solely on the Property Value and I&S Fund. I cannot say that District 1’s facilities do not provide a safe and secure environment conducive to learning but I can say that District is able to provide more opportunities.

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