Residents in the Lake Fenton Community Schools district voted down a 10-year 1.25-mill sinking fund on Tuesday, Nov. 5.
The millage failed by a vote of 870 to 620.
Superintendent Julie Williams said, “We are obviously disappointed with the outcome of the election, but our community has been very supportive the last two years and we are very appreciative. We have been able to make some amazing upgrades throughout the district with the bond extension they approved in 2017.”
Sinking fund dollars can be used for renovation, repair, and construction of buildings, and recent legislation has allowed it to cover some expenses related to safety, security, and technology. In the past, the district has used these dollars for renovations, updated parking lots, new boilers, roofs, sidewalks and more.
“Our current 1-mill sinking fund was approved by voters in 2009 and expires Dec. 31, 2019. This is approximately $600,000 in annual revenue the district will not receive to use for facility needs, improvement to grounds, security items and technology. At a future meeting, the Board of Education and I will be discussing a plan for moving forward,” Williams said.