Maine-Endwell Central School District News Article

Cost Analysis

COST ANALYSIS

$0! That’s the tax impact on residents for the proposed Capital Project. The total cost of the proposed $15,480,000 project will be covered by the use of Capital Reserve Funds specifically accrued for this purpose (16% of cost); state aid (82% of cost); retiring debt (2% of cost). 
(A capital reserve fund allows the district to set aside money for future construction projects and major purchases, much like a savings account.) 

 
 
 
 

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