Thank you to all the district residents who came out and supported the proposed 2018-2019 budget in the 2018 Budget Vote and Election held on Tuesday, May 15, 2018. The results were as follows:
Proposition #2 – Use of Capital Reserve Fund
Shall the Board of Education expend the sum of $2,854,961.09 from the Capital Reserve Fund
established by the voters in May of 2007, for the purposes of renovations and restoration work to the existing school building systems including window replacements, masonry restoration, electrical, mechanical, technology, and plumbing upgrades to the building, together with technology improvements and generator upgrades in the District’s bus garage and construction of a small greenhouse as an accessory building and related expenses.
Yes – 87 No – 20 Passed
Proposition #3 – Create Capital Reserve Fund
Shall the Board of Education establish a capital reserve fund under the provisions of Education Law §3651(1). The purpose of the fund is for construction, repair, and reconstruction of capital improvements and the acquisition of equipment. The ultimate amount of the fund shall be $10,000,000. The probable term shall be 20 years. The source from which funds will be obtained can include any or all of the following: incentive aide, non-appropriated fund balances from the general fund as determined by the Board of Education, from time to time, State aid related to expenditures from the capital reserve fund, Interest income related to investments of money in the fund, and any other lawful source.
Yes – 84 No – 23 - Passed
Proposition #4 - Elect One (1) Member to the Board of Education
To elect one member to the Board of Education of the Downsville Central School District for a five-year term beginning on July 1, 2018 and ending on June 30, 2023.
Christian Towsley – 97 – Re-elected
Pat Kaja – 1
Bonnie Seegmiller – 1
Amy Towsley – 1
Again, thank you for your support in the education of our children.