- December 12, 2022
- Posted by: Bastion team
- Category: World News
NORTH GREENBUSH — Wynantskill Union Free School District voters go to the polls Tuesday to vote on a $4.9 million bond proposition to make repairs and upgrades at the Gardner-Dickinson School.
The district plans to pay for the construction by using about $1.33 million from the capital reserve fund and financing the remaining $3.64 million.
“The strategic financing will occur at a time when the district finishes paying off debt from a previous capital project,” the district said in explaining its plans
“The district’s financial advisors have projected that there will be no change to the district tax levy due to the new debt and reimbursement of building aid from New York State,” the district continued. The state reimbursement is projected to be 77 cents per $1 spent.
Voting will be held from noon to 9 p.m. Dec. 13 at the Gardner-Dickinson School Library.
The…