Lake Fenton Community Schools asked voters to approve a 1.25-mill sinking fund for the next 10 years (2020 to 2029) and on Tuesday, Nov. 5 they said "no." The millage failed by a vote of 870 to 620.
According to Superintendent Julie Williams, sinking fund dollars can be used for renovation, repair, and construction of buildings, but recent legislation has allowed for expanded use. This expanded use now covers some expenses related to safety, security, and technology.
Lake Fenton Community Schools currently has a 1-mill Sinking Fund that was approved by voters in 2009 and expires at the end of this year.
“The district has used Sinking Fund dollars to complete renovations in three of our buildings, update parking lots, replace boilers, replace roofs, replace sidewalks, update playgrounds, add acoustical treatment to the auditorium, upgrade lighting systems, replace water filtration system at West Shore and the list goes on,” Williams said.
If Lake Fenton district voters would have approved the 1.25-mill Sinking Fund, safety, security and technology will be added to the list of eligible expenses.