Finance staff told the Wayne‑Westland Board of Education the district will submit a $125 million bond application to the Michigan Department of Treasury next Wednesday and that the bond package is structured so it will not raise property taxes for residents.
The bond application, staff said, will be reviewed closely by Treasury; the board plans a formal vote on the bond resolution at an upcoming meeting. Finance presenters said bond marketing will accelerate in July–September ahead of an anticipated November ballot and emphasized the bond’s stated focus: completing previously authorized building projects and addressing roofs, HVAC and other major facilities needs rather than adding new tax burden. “It’s a $125,000,000. It’s no increase in taxes to the community,” a finance presenter said.
Staff also reviewed property‑tax items the county needs to print tax bills. The packet included the district’s millage figures (the board will request the full 18 mills previously authorized), a debt mill of about 4.48 and a sinking‑fund rate reported as 0.909804. Staff said the cities require signed copies quickly to produce tax statements.
The finance director reviewed year‑end estimates for the district’s major funds: an estimated general‑fund net income of about $1.2 million and a projected general‑fund balance near 24.12 percent by June 30 for the 2024–25 year. For 2025–26, staff used a conservative increase of $400 per pupil in state aid and included known contract increases and a $1 million curriculum line in the general‑fund draft budget; staff said they will produce a revised budget amendment after state revenue guidance is finalized.
Trustees also raised non‑budget items tied to facilities: traffic and safety around elementary schools. Staff said the district is working with the Wayne and Westland police departments and the cities on measures that could include 25‑mph school zone signage and targeted speed enforcement; the district is also asking whether the cities will contribute to installation costs. Speed bumps were mentioned as a planned improvement at one site.
Finance staff asked the board to be prepared to approve the year‑end budget resolution and property‑tax forms at the next meeting, noting the statutory timelines for municipal tax printing.