Question 1: Capital Referendum
INITIAL RESOLUTION AUTHORIZING ISSUANCE OF GENERAL OBLIGATION BONDS IN AN AMOUNT NOT TO EXCEED $164,000,000
BE IT RESOLVED by the School Board of the Sun Prairie Area School District, Dane and Columbia Counties, Wisconsin, that there shall be issued, pursuant to Chapter 67, Wisconsin Statutes, General Obligation Bonds in an amount not to exceed $164,000,000 for the purpose of paying the costs of constructing a new high school; capital maintenance and improvements to the existing secondary schools; rebuilding Ashley Field as a district-wide athletic/multi-use facility; removing the current Prairie Phoenix Academy and the former Early Learning Resource Center buildings; and equipment acquisitions related to said projects.
Question 2: Operational Referendum
RESOLUTION TO EXCEED REVENUE CAP COMMENCING WITH THE 2019-20 SCHOOL YEAR BY AN AMOUNT OF $5,000,000
BE IT RESOLVED by the School Board of the Sun Prairie Area School District, Dane and Columbia Counties, Wisconsin, that the final school district budget shall include an amount not to exceed $5,000,000 in excess of the revenue limits imposed by Section 121.91 of the Wisconsin Statutes each year beginning with the 2019-20 school year on a recurring basis for the purpose of paying staffing, operation and maintenance costs of the new high school; reducing capital project borrowing costs of the new high school; and improving teacher compensation.