Maize Schools to receive 39 percent bond state aid for 2015-16 school year
Wednesday, July 1st, 2015

Maize Bond 2015

With voters' approval June 9 of Maize USD 266's $70.7 million bond issue, the district was able to lock in state equalization aid under the formula that had existed prior to July 1. The timing was critical for the district, as it is anticipated that Kansas public school bonds passed in the future will receive lower levels of state aid contribution.

The great news for Maize Schools is that, for 2015-16, the state aid level will be 39 percent, up one percent from the 38 percent that was available in 2014-15 in accordance to Kansas law.

The percentage of state aid is determined each year and is based on the district's property valuation per student enrollment of Maize USD 266 as compared with all other school districts statewide. The increase simply means that Maize Schools student enrollment did not increase proportionately with the district's assessed valuation as compared with other Kansas districts. Ultimately, this means that Maize Schools will receive a slightly higher state aid percentage to help pay bond principal and interest. A new grid is established each year to determine bond state aid for the coming fiscal year.

On June 15, members of the Maize Board of Education met to approve bond-related resolutions and agreements and to authorize the sale of the bonds. (Please click here to view those agreements via our Board Docs portal.)

Voters' approval last month will bring these projects to Maize Schools to provide a safe and promising future for all of our students:

  • tornado safe rooms and a Career and Professional Center at Maize High School.
  • a new Early Childhood Center.
  • a renovated and expanded Maize Middle School.
  • additions and improvements at Maize South High School, including a new fine arts storage addition and an expanded gym and cafeteria.
  • a new transportation facility.
  • roof replacements at various buildings.
  • technology and infrastructure improvements at various buildings.
  • athletic upgrades, including new locker rooms, stadium upgrades, all-weather playing surfaces, bleachers, lighting and equipment.

You can learn more about the bond vision by visiting our bond resource page at www.usd266.com/bond.


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