District to hold Capital Reserve referendum on Aug. 22
On August 22, 2017, Maine-Endwell residents will be asked to vote on a referendum to authorize the district to use Capital Reserve funds in the amount of $165,000 for the purchase of 1.1 acres of property adjacent to the High School.

The district’s existing capital reserve fund, not the collection of additional tax dollars, will be used to purchase the property.

In May 2016, Maine-Endwell voters approved the establishment of a Capital Reserve, which is funded when there are unexpended dollars at the end of a school year, not by an increase in taxes. The fund may be used for improvements/upgrades to the district, including land acquisition. Use of the fund requires voter approval. Right now, the fund has approximately $1.5 million available.

The opportunity to acquire additional land is rare. In May, the district was approached by the owner indicating a desire to sell. The last time this property became available was in 2009 when the district asked residents to approve a referendum for $475,000 to acquire the same property for construction of a parking lot. That purchase would have required the funds be raised by tax dollars. The vote was not successful.

There are no immediate plans for how the land will be used should the referendum pass. The district will engage the community in the discussion of how best to utilize the property.

Please refer to the referendum newsletter (CLICK HERE)  for additional information, and view pictures of the property in the gallery on the Capital Reserve Referendum web page . Residents are invited to a public hearing on the referendum at 6 p.m., Aug.10 in the District Office Staff Development Room. You may also contact Superintendent Jason Van Fossen for more information, jvanfossen@me.stier.org.

Important Dates:

Public Hearing
Thursday, Aug. 10, 2017
6 p.m.
District Office Staff Development Room
712 Farm to Market Rd., Endwell

Referendum Vote
Tuesday, August 22, 2017
11 a.m. - 8 p.m.
District Office Staff Development Room
712 Farm to Market Rd., Endwell
(Town of Union Residents)

Maine Memorial Elementary School
2693 Main St., Maine
(All Other Residents)
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