How much federal stimulus money is available?
A. The interest on $15 million over the 25 years of the bond amounts to several million dollars or more than the cost of replacing several elementary school roofs. The exact amount depends on interest rates. Q. I read where WCS added positions this year. Why didn’t you just not put those positions in and use the money for the building repairs? A. The new positions were critical to helping teachers with the new curriculum requirements mandated by the State of Michigan for high school graduation. They are important to student achievement and success which is the district’s major goal. Two of the positions are Career Prep Center teacher positions for emerging medical career areas. The district has to move forward in instruction to give our students the skill sets for emerging technologies. The cost of these positions annually would not cover the cost of one elementary school roof. Q. What will be the interest rate on the bonds? A. We will not know exactly until the day the bonds are sold