Fairfield Economic Development Association supports April 2 school bond referendum
The Fairfield Economic Development Association Board of Directors voted unanimously to support the upcoming Fairfield High School Improvements bond referendum.
Citing the importance of a strong education system to economic development, FEDA President Lori Schaefer-Weaton said, “For a community like Fairfield, the quality of our education system is central to our ability to expand, provide a skilled workforce and; recruit and retain top talent into our community.”
The FEDA Board of Directors believes the school board, administration and staff have put together a very thoughtful and reasonable plan that addresses the facility needs in a sensible and financially responsible manner. The proposed improvements focus on heating, ventilation and air conditioning, air quality, accessibility, security, updating science labs, enlarging band and chorus practice areas and providing for new locker rooms and wrestling area.
Funding for the improvements will require the issuance of $10 million of bonds for the $12.5 million project. This will mean a .95555 per $1,000 debt levy. The FEDA board believes the levy can be reduced .5686 by lowering other levies. The board of directors believes this is a win/win for economic development and for the community as a whole.
FEDA executive director Tracy Vance said, “Because the board of directors believes that the work and study of the school board into the real needs of the facility have resulted in an improvement plan that addresses needs without being extravagant and because of the attention the school administration has paid to putting the school district on a solid financial footing, the board voted to support the bond referendum and are encouraging the community to vote yes on April 2.”