- The committee explored the implications of these different scenarios on bond issues and millage amounts.
- The group discussed the upcoming Five-Year Forecast, which will be released in May, and considered how to include projected PreK operating costs, as well as the impact of expanded PreK operating costs on potential operating levies.
- The committee also explored the possibility of a joint ballot issue to include a bond issue for capital needs and a small operating levy for PreK operating costs.
The committee’s segmenting and bond issue scenarios document, as well as a forecast of the District operating costs with the PreK expansion, can be found on the District’s Long-Term Facilities Planning webpage at shaker.org/facilitiesplan.aspx. The Finance and Audit Committee's agenda and all meeting documents can be found here.
District leaders and the Board of Education will continue to discuss these topics at the Monday, March 20 Board of Education work session and in future Board meetings.
Board of Education Work Session on March 20
A Shaker Heights Board of Education's special work session devoted to facilities will take place at 5 p.m. Monday, March 20, in the High School small auditorium. This session will be open to the public to attend in person and will also be livestreamed at shaker.org/boardlive and via Boxcast.
Share With Your Neighbors: Sign Up To Receive Updates
All community members may sign up to receive these ongoing information updates about the District’s long-term facilities planning process. Please share this link with your neighbors to sign up: Click here to receive long-term facilities planning updates. (Current staff and families will automatically receive emails.)
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