Albion Schools Ask Voters to Approve Sinking Fund

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Albion, MI - The August primary is one week away and voters across mid-Michigan will be faced with some tough decisions, including voters in Albion.

They'll have to decide on a sinking fund millage, which could be a big make or break for Albion Public Schools.

Voters are being asked to sign off on a $2.7 million sinking fund millage.

This proposal is in the hopes of pulling Albion Public Schools out of debt.

School officials just approved a tight new budget for the upcoming school year. With a $350,000 deficit, board members just approved a budget that would add almost $17,000 to the fund balance.

The school district says with this plan, they will be out of debt by June 30, 2017.

But, debt problems are nothing new to the district.

Albion High School was closed in May 2013. Teachers were laid off and administrative positions were eliminated, in the hopes of saving money.

High school students are now bused to Marshall High School for class, angering many parents.

Now, the district needs the public to get further out of debt. District officials are moving forward with another sinking fund millage at the August 5 polls.

The proposal calls for a tax on Albion property owners that wouldn't exceed 4 mills. A similar sinking fund proposal was rejected by voters in November.

The district is hosting a Town Hall Meeting Tuesday from 6 to 7:30 p.m. at the Charles Snyder Building at 1300 Cooper Street in Albion to discuss the proposal.

They'll answer questions and explain what the millage means for taxes and Albion students.

Another Town Hall will be held Wednesday, July 30 from 6 to 7:30 p.m. at the Oak Meadows Community Center which is located at 1300 Hillsdale Road in Albion.



 
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