Leveraging Your Sinking Fund to Strengthen a Future Bond Proposal

For many Michigan school districts, timing is everything. This session will explore how districts can use a Sinking Fund strategically—not only to address immediate facility needs, but also to position themselves for a future bond election. We’ll break down how maintaining millage continuity (and preventing mills from dropping off) can help districts avoid “tax cliffs,” preserve community trust, and create a smoother path when returning to voters.Attendees will learn:How Sinking Funds can tackle critical repairs and visible improvements that build voter confidenceWhy millage stability matters and how it influences voter perceptionLearn how Fremont Public Schools is aligning their sinking fund planning with long term facility goals and an upcoming Bond election. Whether your district is preparing for a bond in the next few years or simply wants to make smarter use of your existing millage, this session will provide practical, Michigan-specific guidance to help you plan with clarity and strategy.