Lakeville
BondReferendum
SRSouthHigh

Great Neck Public Schools
Revised 2017 Bond Referendum

Tuesday, May 16, 2017
Updated 5/16/17

Voting for 2017-18 Proposed Budget, Revised Bond Referendum & Board of Education Candidates
Tuesday, May 16, 2017 -- 7 a.m. - 10 p.m. -- Baker School and South High School
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Click here for the Revised Bond Referendum Newsletter
Click here for the Revised Bond Referendum FAQ
Click here for the Revised Bond Impact Estimator


Revised 2017 Bond Referendum Information

On Tuesday, May 16, 2017, qualified voters in the Great Neck Public School District will be asked to authorize a Revised 2017 Bond Referendum which will facilitate renovations, repairs, and improvements to the district's aging buildings and grounds. Several projects from the original Bond Issue have been removed or reduced in the new Referendum to lower the overall cost to the community. This Revised 2017 Bond Referendum Page has been created to summarize the highlights and revisions made to the original Bond Issue Proposal. It aggregates information, timelines, presentations, and handouts to help inform the community about these projects.


Revised 2017 Bond Referendum Highlights and Revisions

Revised 2017 Bond Referendum At A Glance
 
Building Envelope Condition Critical Projects: $51,700,000
Educational and Building Enhancements: $26,147,217
Total Cost of Projects: $77,847,217
 
Employee Benefit Accrued Liability Reserve Offset: -$3,000,000
Workers Compensation Reserve Offset: -$3,000,000
Retirement Contribution Reserve Offset: -$3,507,955
Total Appropriation of Reserve Cost Offset: -$9,507,955
 
Proposed Amount of Bond Issuance: $68,339,262


Removals and Reductions From Original Bond Proposal
 
Removal of Cumberland New Building: -$9,804,492
Removal of Clover Drive Additions and Alterations: -$6,587,571
Reduced Scope of E.M. Baker Addition and Alterations: -$1,168,675
 
Total Removed From Original Bond Proposal: -$17,560,738


Tax Impact of Revised 2017 Bond Referendum on Select Fair Market Value Homes

Class I Home Market Valuation
Additional Annual Cost*
Cost Per Week
$500,000
$135.75
$2.61
$750,000
$203.63
$3.92
$1,000,000
$271.50
$5.22
* The current (existing) bond issue costs a Class I Real Property Taxpayer with a home valued at $750,000, $124.31 annually. The proposed bond will, when fully issued, add $203.63 to that cost.


Revised 2017 Bond Referendum Public Meeting, Press Release, Presentation, and Handouts

The Board of Education held public hearings on the Revised 2017 Bond Referendum beginning on April 3, 2017, providing a forum for discussion about the projects and an opportunity for the community to pose questions or concerns. Below you will find Bond Issue press releases, Board Meeting agendas and packets, and presentations that were shared and discussed at the hearings.

Meeting
Dates
Press
Releases
Board
Agendas
Board
Packets
Board Meeting
Presentations and Handouts
Monday, 4/3/16


Voting on 2017 Bond Referendum

Voting on the Revised 2017 Bond Referendum is scheduled to take place on Tuesday, May 16, 2017, from 7 a.m.-10 p.m. There are two voting locations: E.M. Baker School (69 Baker Hill Rd.) for residents living north of the LIRR, and South High School (341 Lakeville Rd.), for residents living south of the LIRR.


Registration for Revised 2017 Bond Referendum

The deadline to register to vote is Thursday, May 11, 2017. For registration information, please phone the District Clerk at (516) 441-4020.

 

Applications for Absentee Ballots

Qualified registered voters can obtain Applications for Absentee Ballots online or from the District Clerk, Phipps Admin. Bldg., 345 Lakeville Rd., school days, 9 a.m.-4 p.m. (516-441-4020). Residents whose registration records are marked "permanently disabled" automatically receive absentee ballots. Completed absentee ballots must be received by the District Clerk no later than 5 p.m., Tuesday, May 16.


Further Information or Questions About Revised 2017 Bond Referendum

For further information about the Revised 2017 Bond Issue, please call (516) 441-4020.


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