1. Public Schools of Petoskey Upcoming Millage Issues Election on May 8, 2012

2. Four Important Things to Share 18 mill Operational Millage Renewal 1.3192 mill Sinking Fund Millage Renewal 0.40 mill Technology Bond (New) Char-Em Special Education Millage Renewal

3. 18 Mill Operational Millage Renewal Why? – Cornerstone of our educational funding – Required by law to get our State funding – Applies only to second homes and businesses – Provides over 60% of our operational dollars – Without this renewal, we will run out of money by late October 2012.

4. Sinking Fund Millage Renewal What? – 1.3193 mills for 7 years on all property – Costs $132 annually for a homeowner with a $200,000 market-value house – A renewal of the existing millage with no changes – Can only be used for major infrastructure costs; no salaries, fringes or positions

5. Sinking Fund Millage Renewal Why? – Items would otherwise have to come out of General Fund (where we pay for all of our educational expenses) – Keeps facilities and infrastructure up-to-date, safe, and inviting – Keeps community attractive to new businesses and potential community members and students – Responsible for the current excellent condition of our facilities

6. Sinking Fund Millage Renewal What has this been used for in the past? – Replaced the aged roofs, boilers, electrical, plumbing, & parking lots in most buildings – Renovated both auditoriums into preferred performance centers – Created energy savings of over $350,000 annually – Purchased property for future expansion

7. Current Repairs & Renovations

8. Sinking Fund Millage Renewal New funds will be used in all district facilities: Roof replacement Parking lot, drive-way, & sidewalk replacement Exterior repairs (e.g., drainage and windows) Plumbing and restroom renovations Selected electrical upgrades Heating system upgrades and/or replacements

9. Still In Need of Repair

10. Technology Bond What? – 0.40 mills for 8 years on all property – Costs $40 - $50 annually for a homeowner with a $200,000 market value house – Can only be used on technology & communication equipment; no salaries, fringes, or positions

11. Technology Bond Why? – Last major technology purchases: 12 years ago – Students’ projects from home cannot run on current, aged systems – Meet the needs of students & staff in today’s technology- rich world

12. Current 12 Year Old Technology

13. Technology Bond New funds will be used in all district facilities: Network and fiber upgrades Teacher & student workstation upgrades Communication system upgrades Safety & surveillance system upgrades Shared technology

14. Char-Em Special Education Millage What? – 1.16 mills for 4 years – Costs $116 annually for a homeowner of a $200,000 market value house – Pays for specialists in our district from Char-Em staff – Contributes $700,000 for support of district special education staffing – Frees up District General Fund dollars to be used in other educational programs

15. Your vote is needed on May 8 th !