Money for the placement of the used portable classrooms will come from the Capital Projects Fund, which cannot be used for instructional salaries.
The building additions for kindergarten rooms will come from one of two possible sources. The first choice will be application for a State Common School Fund Loan. That is a competitive loan awarded by the State Dept. of Education and it depends on the rank of Brownsburg's assessed value per pupil compared to other school applicants. The second possibility will be a loan created through the sale of General Obligation Bonds (GO Bonds) or a loan negotiated with banks. That second possibility will also be the planned finance method for the work on the facility at 310 Stadium Drive.
The building additions for kindergarten rooms will come from one of two possible sources. The first choice will be application for a State Common School Fund Loan. That is a competitive loan awarded by the State Dept. of Education and it depends on the rank of Brownsburg's assessed value per pupil compared to other school applicants. The second possibility will be a loan created through the sale of General Obligation Bonds (GO Bonds) or a loan negotiated with banks. That second possibility will also be the planned finance method for the work on the facility at 310 Stadium Drive.
