Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Are Mutual Funds and ETFs Enough? 3 Things Japanese Expats Should Consider Beyond Costs|田中拓実 (海外在住者向けIFA)
    • 3 Top-Ranked Vanguard Mutual Funds With Solid Upside Potential
    • Is Vanguard Total International Stock Index Fund (VGTSX) a Strong Mutual Fund Pick Right Now?
    • Mutual Funds India, About Mutual Funds, Best Mutual Funds Investment
    • India’s Bonds Hit Fifth Weekly Loss Amid Fed Rate Hike and RBI Actions, ETBFSI
    • Growing ETF preference leads to mutual fund conversions
    • 3 reasons a multi-asset fund could make more sense than a flexi-cap fund for you – Money News
    • Ethereum ETFs Experience $366 Million Loss in Just Two Days as Whales Capitalize on the Dip
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Worthington ISD 518 bond referendum is Aug. 13 – The Globe
    Bonds

    Worthington ISD 518 bond referendum is Aug. 13 – The Globe

    July 29, 2024


    WORTHINGTON — In just two weeks, residents of ISD 518 will vote whether to authorize a $15.3 million bond to fund some significant facility changes to Worthington High School.

    Officially approved to be listed on a primary election ballot back in April, the Aug. 13 election will ask voters to decide whether a plan for structural improvements and updates to the high school will move forward.

    Since 2010, ISD 518 has upgraded and added school buildings to accommodate higher student populations. After a referendum in 2016 to build a new high school building failed, the Board of Education knew at some point that the current building’s needs would have to be addressed.

    That time has arrived, according to ISD 518 Superintendent John Landgaard.

    “Space is a continuing issue, something’s going to have to be addressed,” Landgaard said Monday in an interview with The Globe. “This is the most economical way the board has found to address that need at the high school.”

    If the $15.3 million bond passes on Aug. 13, the plan is for the district to invest a total of $33.8 million into maintenance improvements and overall facility updates. The district has $18.5 million in reserves to put toward the project.

    The referendum, if approved, would result in district residents repaying the $15.3 million bond over the next 20 years through their property taxes. For a home valued at $170,00, for instance, the tax impact is estimated to be $45 per year for each of the next 20 years.

    Landgaard said key updates the $15.3 million bond would cover focus primarily on adding space and improving maintenance projects that were deferred over time.

    Regarding space, proposed changes at the high school include the addition of eight classrooms, updating the kitchen facilities, moving the administrative offices into a more secure location of the building and adding a hallway in the upper north wing to connect classrooms from the east and west sides of the building.

    Maintenance improvements include updating the HVAC system in the building’s north wing, replacing sections of the roof, and replacing various hardware on doors, lockers, etc.

    These projects, along with many more, were determined following conversations and surveys conducted with district staff and community members. Landgaard said if the bond passes, the next step would be to continue conversations and get more detailed on how much money is spent where.

    He said those talks would occur this fall into early next year so that, ideally, construction bids could be requested no later than spring of 2025.

    “Because of this project and the way it is, it’s a two-summer project,” said Landgaard. “The earliest we’d be able to occupy the space would be fall of 2027.”

    If the bond referendum fails, the ISD 518 Board of Education will have a big decision to make: go back to voters with a different plan, use the $18.5 million they have in reserves to complete a “scaled down” approach as Landgaard calls it, or decide to use a lease tax levy, which is like a lease-to-own agreement with residents in the district.

    For residents of ISD 518, there are three ways to vote: go to the polls on Aug. 13, vote early or by an absentee ballot in person, or mail in their ballot if they live in a mail ballot precinct. Early voting will continue through Aug. 12.

    To learn more about the bond referendum, how and where to vote or see a personalized tax impact, visit

    518committed.com

    .

    Hope Moural

    Hope Moural is the community editor for the Globe as of May 2024. A born and raised Nebraskan, Hope has a dual bachelor’s degree in Journalism and Communications from Concordia University, Nebraska, and has previously worked as a general assignment reporter.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    India’s Bonds Hit Fifth Weekly Loss Amid Fed Rate Hike and RBI Actions, ETBFSI

    September 18, 2026

    Northern Ireland has the fewest Premium Bonds winners per head in the UK

    September 17, 2026

    As Fed raises rates, income investors can buy these bonds for solid yields and a portfolio cushion

    September 17, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Are Mutual Funds and ETFs Enough? 3 Things Japanese Expats Should Consider Beyond Costs|田中拓実 (海外在住者向けIFA)

    September 19, 2026

    India’s Bonds Hit Fifth Weekly Loss Amid Fed Rate Hike and RBI Actions, ETBFSI

    September 18, 2026

    European active ETFs break annual inflows record with four months to spare

    September 18, 2026

    3 Top-Ranked Vanguard Mutual Funds With Solid Upside Potential

    September 19, 2026
    Don't Miss
    Mutual Funds

    Are Mutual Funds and ETFs Enough? 3 Things Japanese Expats Should Consider Beyond Costs|田中拓実 (海外在住者向けIFA)

    September 19, 2026

    Are mutual funds and ETFs enough?This way of thinking is not wrong. For those who…

    3 Top-Ranked Vanguard Mutual Funds With Solid Upside Potential

    September 19, 2026

    Is Vanguard Total International Stock Index Fund (VGTSX) a Strong Mutual Fund Pick Right Now?

    September 19, 2026

    Mutual Funds India, About Mutual Funds, Best Mutual Funds Investment

    September 18, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    How to invest in them

    February 11, 2026

    What Is Return on Investment (ROI) and How to Calculate It

    December 21, 2025

    BOK reverses stance, says leveraged ETFs fueled Kospi volatility

    July 2, 2026
    Our Picks

    Are Mutual Funds and ETFs Enough? 3 Things Japanese Expats Should Consider Beyond Costs|田中拓実 (海外在住者向けIFA)

    September 19, 2026

    3 Top-Ranked Vanguard Mutual Funds With Solid Upside Potential

    September 19, 2026

    Is Vanguard Total International Stock Index Fund (VGTSX) a Strong Mutual Fund Pick Right Now?

    September 19, 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.