CANTON -- The Canton Central School District will be hosting two community forums to discuss the need for voters to approve additional funds to complete the district’s 2023 capital project. Voters …
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CANTON -- The Canton Central School District will be hosting two community forums to discuss the need for voters to approve additional funds to complete the district’s 2023 capital project.
Voters previously approved the $27.5 million capital project in May 2021. The additional funds, in the amount of $10.5 million, will bring the project total to $38 million.
Low-bid contractors reported that supply chain and inflation have driven the prices up as much as 30%, Burke said. There is indication that these prices will only continue to increase into the foreseeable future.
The tax impact from the project is as follows:
• Without STAR per $100,000, $54.91 for previous project, $17.53 from additional $10.5M, new rate is $72.44.
• With STAR per $100,000, $38.44 for previous project, $12.27 from additional $10.5M, new rate is $50.71.
• With Enhanced STAR per $100,000, $4.40 from additional $10.5M, new rate is $18.18.
Community forums will be held in the Hugh C. Williams Senior High School Library at 6:30 p.m. on Wednesday, Jan. 11 and Wednesday, Feb. 1.
The capital project referendum vote will be held Tuesday, Feb. 14, from noon until 8 p.m. in the Hugh C. Williams Senior High School Library.
For details about the project and why more money is needed, see story here.