In government classes, students are taught about the relationship of rights and responsibilities. Students learn as they exercise their rights, they are responsible for their actions.
The delays in the construction of Option K facilities will cost the taxpayers an average of $356,287.12 a year for the next 16 years. This is .0413 on the current tax rate.
During the delay:
Construction costs rose from $19,916,375 to $24,367,707.
Soft costs decreased from $5,628,625 to $5,627,793.
The value of bonds sold increased from $25,545,000 to $29,995,000.
Interest rose from $14,646,971 to $15,896,565.
Total debt service increased from $40,190,971 to $45,891,565.
The total increased cost in dollars is $5,700,594. There is an additional cost of educating students in inappropriate facilities for the last two years.
We defend the right of individuals to question and delay the project. We hold them responsible for their actions which resulted in 14.46% increased costs.
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