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Allegan Public Schools putting bond proposal on May ballot


Allegan Public Schools putting bond proposal on May ballot
Allegan Public Schools
and last updated 2021-02-12 10:40:23-05
ALLEGAN, Mich. — The Allegan Public Schools Board of Education has voted to place an $87.5 million bond proposal on the May election ballot to fund district-wide facility upgrades.
If approved by voters, the bond proposal would continue the district’s existing debt millage rate and would not present homeowners with a debt tax rate increase over the 2020 levy, according to a news release Friday.
In addition, with interest rates currently at or near historic lows, there’s an opportunity to minimize the cost of borrowing for district taxpayers, APS said. ....

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