OABCIG Proposed Bond Referendum Information 2018

The OABCIG Facilities Committee has presented a petition to ask the OABCIG Board of Education to pass a resolution calling for a special election regarding the issuance of general obligation bonds to assist with funding district facility renovations and additions.  On Monday, October 22, 2018, the Board of Education passed such a resolution and a special election has been scheduled for December 11, 2018.

On this web page you will find information regarding the projects that will be completed with bond funds.  There is also information about the tax impact associated with the general obligation bonds.  If you have any additional questions please contact Superintendent Matt Alexander by email at malexander@oabcig.org or by phone at (712) 364-3687.
 

Financial Fact Sheet                   Proposed Bond Projects

Frequently Asked Questions

Would you like to ask questions about the upcoming bond issue vote?  Click here to submit a question.

COMMUNITY FORUMS

The OABCIG Facilities Committee will be holding community forums to provide information about the proposed bond issue. These forums will be held at the following locations and dates. All meetings will begin at 12:30pm.

December 3rd - 12:30 PM - 2 Locations
1 - Ida Grove Recreation Center – Community Room
2 - Odebolt Community Center

Quick Facts:

Proposed Projects:

• Update existing classrooms to modern learning environments
• Addition of an approximately 585 seat auditorium
• Addition of band and choir room next to the auditorium at the high school
• Move Agricultural Education and Industrial Technology classes into the high school building and expand current shop area
• Addition of locker rooms, weight room, and wrestling room at ground level and attached to the high school
• Create secure entrance at the front of the high school building and consolidate high school and central office locations

Estimated Costs:

* Soft Costs Include: Design Fees, Fixtures, Furniture, Equipment, Site Survey, Geotechnical Exploration,

Construction Testing, Construction Contingency, Asbestos Abatement, etc.

TAX IMPACT AT $0.74 LEVY RATE (compared to FY18 rate):

1. Annual Tax Impact on $100,000 assessed value home is $37.57
2. Annual Tax Impact on $100,000 commercial/industrial property is $66.60
3. Average assessed value of an acre of ag land in Ida County is $2,393 as of 1/1/2017
4. Annual Tax Impact on average acre of ag land in Ida County is $0.96
5. Average assessed value of an acre of ag land in Sac County is $2,075 as of 1/1/2017
6. Annual Tax Impact on average acre of ag land in Sac County is $0.84

HISTORICAL TAX RATES