DODGE CITY SCHOOL BOND ISSUE November 2, 2010 THE COST THE NEED The Actual Bond · $35 million total bond issue · 4.60% Average Interest Rate · 20-year payback period vs. 30 years, reducing the total interest paid State Equalization · State matches funds 51% of costs · $17.85 million paid by Ford County · 51¢ of every $1 00 is paid by all Kansas counties, not just Ford County Taxpayers’ Costs · Homeowner in USD 443 taxing district All costs are estimates and based on 2009 assessed valuation and projected 2011 market conditions Future · 1,071 Kindergarten and 1st Graders are in school now · More than 275 additional students will be in 5th, 6th, 7th, and 8th grades soon Research · Community Facilities Task Force (12/04) reports the need for additional middle school space · Community survey (04/08) finds that the community understands the need for additional space Critical Age · Middle schools students will benefit from additional oppourtunities · Small class sizes lead to better academic performance Now · Current middle school has more than 850 students · Temporary buildings in place · More permanent solution is critically needed OUR COMMUNITY OUR FUTURE OUR DECISION OUR COMMUNITY is growing and continues to have some of the lowest unemployment numbers in the nation. OUR FUTURE includes more children in school. The number of students in USD 443 has grown for over two decades and is not slowing. OUR DECISION is criticial to a strong educational system that is an integral quality of life consideration for individuals and businesses seeking to locate in our community. OUR COMMUNITY OUR FUTURE OUR DECISION