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Herrick Facility Bond Vote

Herrick MMS & MES
 
Stabilizing Our Schools, Investing in Our Community

On March 4th, voters in the Milton Town School District had the opportunity to consider a bond proposal that will fund crucial upgrades to district facilities. The bond passed, thank you.

The Herrick Facility Bond tackles aging infrastructure, prioritizes health and safety upgrades, aligns learning spaces with current educational needs, and ensures reliable school opening and operations. The first payment is part of the FY26 budget which is estimated to have a 5.66% tax rate decrease.

Bond Information Presentation

Library Learning

KEY BOND COMPONENTS

Address Aging Infrastructure

Aging Infrastructure

The condition of the Herrick Roof as well as other infrastructure components are past their useful life. The roof leaks which contributes to moisture issues, slippery floors, and other health & safety hazards. This bond will include  a full replacement of the roof,

Address Aging Infrastructure

Safety & Security

Many exterior doors and windows no longer open or close properly and are leaky, contributing to energy inefficiency and potential safety risks. This bond includes replacing 6 exterior doors and all the elementary school windows.

Improve Safety & Security

Electrical Safety Improvements

The electrical panels and fire safety systems not longer meet safety codes. This bond will address these issues to ensure a safe learning environment for all.

Optimize Learning Spaces

Favorable Learning Spaces

The Herrick library has a faulty ventilation system and significant acoustic issues. This bond will support the infrastructure upgrades and create a modern multi-media learning space.

BOND FUNDING

When schools need money for capital projects for building repairs or facility renovations, they can apply for a bond. A bond is a loan that the school district takes out through the Vermont Bond Bank. The school district pays the bond back by including the payments into the general fund expenditures, year over year, making it manageable to tax payers by spreading the payments over time.

How It Impacts You

  1. Voters Decide: Community members vote on whether to approve the bond. A “yes” vote means agreeing to fund the project.
  2. Costs Spread Out: Instead of paying for the entire project at once, the district pays back the bond over many years, typically 20-30, through annual tax payments. These payments are incorporated annually into the school budget.
This process ensures schools can get the funding they need while balancing costs for taxpayers.

BOND TIMELINE

2019

The building's issues extended beyond what regular maintenance by the school district could address. The School Board contracts to have a facilities evaluation conducted.

2020

After careful careful consideration, it's determined that the Herrick facility have the greatest needs and will be the focus of stabilization and improvement.

2021

Based on the facilities evaluation, the School Board began evaluating whether to replacement or just stabilization our current Herrick facility.

2022

Working with TruexCullins, the School Administration presents three options for stabilization and/or replacement of the Herrick facility. Community Surveys are sent out for feedback.

2023

The School Board postponed the project pending further discussions with the Milton community.

2024

Milton Elementary School experienced a delayed start due to a mold remediation project. The mold was a result of multiple factors including roof leaks.

2024

The School Board conducts another survey to determine a coarse of action taken for stabilizing the facility. As a result, a decision to propose a $8 million dollar stabilization bond was presented.

2025

Herrick Facility Bond Vote

Vote to be held on Town Meeting day, March 4th.