Leveraging Additional Funds to Fix Our Schools
In 2019 voters approved the $82 million dollar Central Point School District #6 bond renewal to improve safety and security, repair and update our aging schools, address overcrowding and expand flexible learning spaces.
The District has used the passage of the bond to leverage grants from the state at no additional costs to Central Point taxpayers. These grants including OSCIM grant state matching funds, seismic and energy efficiency grants and Bond premium which is a premium the district received when the Bonds were sold due to favorable market conditions.
This combination of funds makes up Central Point Facilities and Capital Improvement Program which will deliver the projects detailed in the 2019 Bond program as well as additional critical mechanical, seismic and efficiency upgrades.
Last week the District released a Bond progress report to the community that included a detailed accounting of the current state of Bond funds.