Frequently Asked Questions
Q-What is a general obligation bond?
A-A bond is a low-interest loan school districts use to pay for new school construction, new school property, reconstruction and renovations. It cannot be used to pay salaries. Bonding requires approval of local taxpayers through an election and is the most cost-effective option for taxpayers to build school buildings. It’s similar to a home loan or mortgage and just like homeowners, the district borrows money and makes monthly payments.
Q-How long does it take to pay off a bond?
A-It generally takes 15-20 years to pay off the bond. Tax payments for a bond typically decrease each year as the bond debt is paid off and new households move into the district.
Q-What is the total amount of the bond?
A-The proposed bond is $75,000,000.
Q-How much will it cost me the taxpayer?
A-The tax impact on a primary residence with an average home market value of $438,000 will be $376.19 annually or $31.33 monthly. The estimated amount of increase on a business property having the same value will be $683.99 annually or $57 monthly.
Q-What will the bond be used for?
A-The bond will be used to build a new high school for 9-12th grades on currently owned property west of Kamas.
Q-When is the last time SSSD passed a general obligation bond?
A-The last time South Summit School District bonded was in 1988. (The year Superintendent Sorenson graduated from SSHS.)
Q-What has SSSD done to delay the need for a bond?
A-Responsible actions like the following have helped manage growth and delay the need for a bond for over 30 years:
- Adding portables to the elementary school;
- Adding 5th grade wing to the middle school;
- Realigning grades in all schools;
- Relocating distance education to the district office;
- Repurposing spaces in all schools;
- Utilizing SSAFC for PE classes.
Q-What will happen to the other schools once the new high school is built?
A-All schools will be utilized with the following grade realignments:
- The new high school will house grades 9-12.
- The current high school will become a junior high with grades 6-8.
- The current middle school will become an intermediate school with grades 3-5.
- The current elementary school will remain an elementary school and will house Pre K- 2nd grades.
Q-Is the Kamas property even buildable? I’ve heard it’s all wetlands.
A-The Kamas property is nearly 150 acres. Of that, approximately 7.96 acres are designated wetlands, leaving 142 acres of developable land. The proposed structures may be supported upon conventional spread and continuous wall foundations supported upon suitable natural soils and/or structural fill extending to suitable natural soils. This delineation is supported by GSH Geotechnical Inc., Wise Earth Concepts, Inc. and U.S. Army Corps of Engineers.
Q-What will the impact be on local traffic?
A-A traffic impact study was completed by Fehr & Peers to determine the impact the proposed new High School would have. They reported minimal impact during typical weekday school AM and PM peak hours.