The sinking fund millage is a limited property tax, considered a "pay-as-you-go" method, appropriate for addressing smaller building remodeling projects and repair needs. State law allows a district to only levy a sinking fund millage of up to five mills and for no longer than 20 years. The tax is levied each year and the revenue generated from this levy is used to make the most urgent repairs and improvements identified by the district. The district can assess the money on-hand to pay for projects as they are completed, but because the district hasn't borrowed for the projects, the district does not have to pay interest on the money used. By law, the State of Michigan has requirements and restrictions for public school districts that fund capital enhancements and facility repairs through sinking fund millage levies. The law is very specific about what is considered an allowable use and what reporting and audit requirements are expected. Not following these legal requirements have strong penalties as well. If it is found that the funds from a sinking fund millage were not used in accordance with the requirements outlined in the law, a district will forfeit any additional millage revenues from the sinking fund levy and will not be allowed to levy that sinking fund millage again. The sinking fund allows the district to repair and improve our excellent facilities without impacting dollars that go for students' education. The Avondale Board of Education approved the following Sinking Fund Projects for the Summer of 2010. Thank you for your support. |
 High School Fieldhouse Entrance:
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 Completed Stairway at Fieldhouse Entrance |
 High school auxilary gym: |
 Completed auxilary gym at the high school. |
 Transporation Garage: |
 Completed repairs to transportation garage. |
Additional AHS Projects: Replace wrestling room door and frame |