Sinking Fund
What is a Sinking Fund?
- A Sinking Fund is a millage approved by the community and levied to support the maintenance, repair and construction of school buildings.
- A Sinking Fund does not require a school district to borrow money or pay interest.
- These funds are used to continue to maintain our facilities and protect the general fund when it comes to keeping our buildings up to date.
- Sinking Funds cannot be used for purchasing teaching supplies or textbooks, paying teacher and administrator salaries.
- The law requires districts with Sinking Funds to keep the funds separate from other district accounts.
- Sinking Funds receive a separate review each year to ensure they are being spent appropriately.
What the Sinking Fund has done for us:
2021
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Click to see a larger version Middle School Parking Lot Skip to end of gallery Skip to start of gallery
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Click to see a larger version High School Parking Lot Skip to end of gallery Skip to start of gallery
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Click to see a larger version Fuel Station Skip to end of gallery Skip to start of gallery
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Click to see a larger version Woodworth Water Heater Skip to end of gallery Skip to start of gallery
2020
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Click to see a larger version Football Bleachers Skip to end of gallery Skip to start of gallery
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Click to see a larger version Football Bleachers Aerial View Skip to end of gallery Skip to start of gallery
2019
2018
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Click to see a larger version Bus Garage Lot Skip to end of gallery Skip to start of gallery
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Click to see a larger version Baseball Backstop Skip to end of gallery Skip to start of gallery
2017
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Click to see a larger version Woodworth Parent Drop-off Skip to end of gallery Skip to start of gallery
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Click to see a larger version Bus Drop-off and Staff Parking Skip to end of gallery Skip to start of gallery
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Click to see a larger version Woodworth Roof Skip to end of gallery Skip to start of gallery
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Click to see a larger version Woodworth Doors Skip to end of gallery Skip to start of gallery