Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Is Schwab Balanced Fund (SWOBX) a Strong Mutual Fund Pick Right Now?
    • Marcellus gets final SEBI approval | Indiablooms
    • Premium Bonds saver wins £1 million with bond bought in July
    • Bonds vs Debt Mutual Funds: Which Is Better
    • Solana (SOL) Price: Solana ETFs Post Record $188 Million Weekly Inflow
    • Active vs passive funds: 88% success in large-caps but only 26% over 10 yrs | Personal Finance
    • 6 international mutual funds reopen for lump sum, SIPs: Should you invest now? – Money News
    • Templeton launches global equity fund
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Carle Place voters split on 2 bonds proposals for school improvements
    Bonds

    Carle Place voters split on 2 bonds proposals for school improvements

    October 25, 2024


    Residents in the Carle Place school district approved a $10 million bond proposal for improvements at the joint middle and high school building but rejected a $6 million proposal to expand the Cherry Lane Elementary School.

    Proposition 1, which passed Thursday by a vote of 637 to 439, according to superintendent Ted Cannone, will fund an upgrade to the middle and high schools’ aging HVAC systems. Proposition 2, which district residents rejected in a vote of 406 to 666, would have funded a $6 million expansion of the Cherry Lane Elementary School building to increase the number of seats in the district’s prekindergarten program.

    Officials had noted that the pre-K expansion, proposition was contingent on the community’s approval of the first proposal.

    This is the first year Carle Place has offered a pre-K program, which is currently housed at the high school. Proposition 2 would have allowed for the construction of five classrooms at the elementary school to house the pre-K program and increased the number of seats from 18 to about 90. Construction would have kicked off in 2026.

    With only the $10 million HVAC proposition passing, the average family can expect an annual school tax increase of $12.82, according to previous bond proposal presentations led by Joanna DeMartino, the district’s assistant superintendent for business. If both propositions had passed, families would have seen an average increase of $77.77.

    The HVAC upgrade will cost around $13 million, and the district will use $3 million from a reserve account to cover a portion of the expense, according to school officials. Work on the HVAC system is expected to begin in July.

    “Thank you to everyone who voted in today’s bond referendum vote,” Cannone said in a statement late Thursday evening after the results were tabulated. “We look forward to sharing updates on the progress of the projects included in the first proposition and once again thank our community for its ongoing participation in the district.”

    By Nicholas Grasso and Darwin Yanes



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Premium Bonds saver wins £1 million with bond bought in July

    October 1, 2026

    Bonds vs Debt Mutual Funds: Which Is Better

    October 1, 2026

    Creating a Stable Personal Pension with Corporate Bonds (Inflation-Adjusted Version) Part 2|Toshi@FIREして15年後の日記

    September 29, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Is Schwab Balanced Fund (SWOBX) a Strong Mutual Fund Pick Right Now?

    October 1, 2026

    Solana (SOL) Price: Solana ETFs Post Record $188 Million Weekly Inflow

    September 30, 2026

    Premium Bonds saver wins £1 million with bond bought in July

    October 1, 2026

    Marcellus gets final SEBI approval | Indiablooms

    October 1, 2026
    Don't Miss
    Mutual Funds

    Is Schwab Balanced Fund (SWOBX) a Strong Mutual Fund Pick Right Now?

    October 1, 2026

    Any investors hoping to find a Allocation Balanced fund could think about starting with Schwab…

    Marcellus gets final SEBI approval | Indiablooms

    October 1, 2026

    Premium Bonds saver wins £1 million with bond bought in July

    October 1, 2026

    Bonds vs Debt Mutual Funds: Which Is Better

    October 1, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Bonds are Liking Powell’s Jackson Hole Speech

    August 23, 2024

    Barry Bonds No Longer Worries About the Baseball Hall of Fame

    August 25, 2024

    Quantum secret of hydrogen bonds in liquid water revealed in a first

    October 26, 2024
    Our Picks

    Is Schwab Balanced Fund (SWOBX) a Strong Mutual Fund Pick Right Now?

    October 1, 2026

    Marcellus gets final SEBI approval | Indiablooms

    October 1, 2026

    Premium Bonds saver wins £1 million with bond bought in July

    October 1, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.