Linden Community Schools
Sinking Fund Renewal
What is a Sinking Fund?
A sinking fund is one option Michigan school districts have to fund projects and expenditures related to their facilities and equipment. The district benefits from a sinking fund because it:
- Dedicates an annual amount of funds for approved uses
- Protects the community’s school facility investment
The renewal will not raise taxes, it will keep them the same and allow the District to continue implementing projects on its projected facility needs plan.
Sinking fund dollars have been used for remodeling, repair, or construction of buildings and sites. Sinking fund dollars have not been used to pay for teacher, administrator or employee salaries, maintenance or other operating expenses. Sinking fund dollars have allowed us to perform necessary facility repairs and renovations without using “Educational” dollars, keeping educational dollars IN the classroom, supporting and enriching programs and opportunities for our students.
Auditorium lighting system
Fire alarm systems
Benefits to Students and Community
- Preserves educational dollars for quality programs and classroom instruction
- Allows our schools to remain current and competitive, maintaining our reputation as a quality school district
- Maintains optimal learning facilities that enable the district and the community to keep and attract residents, teachers and administrators
- Protects our community’s long-term investment in our school facilities
- Strong schools enhance a community’s desirability, which has been shown to have a direct and positive impact on property values