WHAT IS A MILLAGE?
Much like a homeowner borrows money to purchase a home, school districts borrow money in the form of bonds to invest in new construction and finance improvements to school facilities. Bonds are approved by voters in a bond election, then sold to investors in the competitive investment market to raise money to pay for capital needs. The 2018 FSPS Millage provides appropriate solutions to tackle many of the District’s most critical needs. With these improvements, the District will be able to continue its tradition of exceptional education into the next decade.
BY the Community, FOR the Community!
The Citizens Committee, made up of 57 community members from across Fort Smith Public Schools, volunteered to study and prioritize the District’s most critical needs. They collaboratively studied and prioritized the district’s most critical needs, outlined in the FSPS Strategic Five Year Plan, and make a thoughtful recommendation and presentation to the Board of Education regarding next steps to implement Vision 2023. This millage is largely their recommendation to the Board of Directors.
Prior to submitting their recommendations to the Board, the volunteers did their homework:
- District Overview
- FSPS Demographic Report
- Facility Needs Assessment
- Financial Capacity and Impact
- Campus and Facility Tours
- Project Prioritization