Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Not energy, not pharma: This mutual fund category delivered 25%+ annualised returns over 3 and 5 years – Money News
    • JM Financial Mutual Fund launches a multi asset allocation scheme – Mutual Funds News
    • Swiggy ties up with Zerodha Fund House to enable delivery partners to invest in mutual funds
    • Why are investors moving money into Liquid Mutual Funds in 2026? – Money Insights News
    • Equity mutual fund inflows slump 40% in May amid geopolitical uncertainty; SIP flows stay above Rs 30,000 cr: Axis MF report
    • Glasgow commercial property: investment rising despite challenges
    • Lidl could move on to former Odeon cinema site in Bracknell
    • SIP drives India’s capital despite weak equity returns: JP Morgan
    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

    Lidl could move on to former Odeon cinema site in Bracknell

    June 23, 2026

    SIA’s ‘dim sum’ bond: What is it and will it impact investors?

    June 22, 2026

    UMI: This Midstream Fund Could Be Better Than Bonds (NYSEARCA:UMI)

    June 22, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Not energy, not pharma: This mutual fund category delivered 25%+ annualised returns over 3 and 5 years – Money News

    June 23, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Not energy, not pharma: This mutual fund category delivered 25%+ annualised returns over 3 and 5 years – Money News

    June 23, 2026

    When Indian mutual fund investors discuss thematic and sectoral funds, the conversation typically gravitates toward…

    JM Financial Mutual Fund launches a multi asset allocation scheme – Mutual Funds News

    June 23, 2026

    Swiggy ties up with Zerodha Fund House to enable delivery partners to invest in mutual funds

    June 23, 2026

    Why are investors moving money into Liquid Mutual Funds in 2026? – Money Insights News

    June 23, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Rubenstein Partners Completes Recapitalization of Parkwood Crossing Office Park in Indianapolis

    October 9, 2024

    India outpaces major economies in growth of intangible investments

    August 10, 2024

    Are mutual funds becoming India’s default savings engine? SEBI data shows this

    May 21, 2026
    Our Picks

    Not energy, not pharma: This mutual fund category delivered 25%+ annualised returns over 3 and 5 years – Money News

    June 23, 2026

    JM Financial Mutual Fund launches a multi asset allocation scheme – Mutual Funds News

    June 23, 2026

    Swiggy ties up with Zerodha Fund House to enable delivery partners to invest in mutual funds

    June 23, 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

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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