The Irvington Union Free School District is working diligently on developing a tax-neutral capital bond project. It would focus on school security and safety initiatives, address infrastructure needs, such as roofs, paving, concrete, Americans with Disabilities Act compliance, boilers and storage needs, among others, as well as update learning spaces to provide for modern, flexible learning spaces.
“The plan will align debt payments from any new borrowing to replace debt that is being retired in order to avoid having to increase the general fund budget, thus the term tax-neutral,” Assistant Superintendent for Business and Operations Carol Stein said.
The capital project will be the result of extensive research and planning by the district’s Capital Projects Planning Committee, which is led by Stein and Superintendent of Schools Dr. Kristopher Harrison. The committee is comprised of Board of Education members, staff and administration representatives, and community members who have expertise in finance, construction, design and security. The committee is also supported by the architectural firm H2M, a construction manager and our security and technology consultants.
“Through their partnership, we will develop creative, cost-effective designs to provide for the very best learning environments for our students and staff,” Dr. Harrison said.
The committee will make recommendations that will inform future public presentations and discussions.
At the September 4th Board of Education meeting Assistant Superintendent for Business, Carol Stein, provided an important update to the Capital Project Planning process. To view the presentation, click below.