- Target:
- Clinton Public School Board
- Region:
- United States of America
- Website:
- www.forbes.com
On January 14th 2016 the local Clinton Public School District Board will be handing down their final vote to approve a $2,000,000 Football Field Artificial Turf. With the Clinton Public School District in a very dangerous Debt Service ratio of 10.74% or 4 times a healthy Debt Service Ratio of 2%. How are we affording a $2,000,000 Football Field Turf Replacement? We have been asking Board Members but with no answers. Also where are we getting the funds? Federal Title 9 Funds, Bank Loan or where?
If we were to take a bank loan out for $2,000,000 at 5% interest rate over 10 years we would be paying $545,572 of total interest or $45,464 per year in interest alone. So total cost of almost $3,000,000 for this turf replacement! In addition the artificial turf only last 8-10 years.
So it's safe to say we will be paying $300,000 per year to have turf forever? Also for note Real Grass Turf Replacement cost between $500,00-$650,000 or 60-70% less and with ZERO replacement cost in 10 years when turf will be another $3,000,000+?
http://www.forbes.com/sites/mikeozanian/2014/09/28/how-taxpayers-get-fooled-on-the-cost-of-an-artificial-turf-field/
http://www.spjvideo.org/sdx/sdx10/mag-inv-reporting-r.pdf
We, the undersigned, call on the Clinton Public School Board to place a "hold" on your vote until all options including a Real Grass Turf replacement are considered in the Football Field Replacement Turf Program.
You can further help this campaign by sponsoring it
The Place Hold on Funding CHS Football Field Artificial Turf petition to Clinton Public School Board was written by Concerned Clinton Citizens and is in the category Government at GoPetition.