After holding 17 public meetings to discuss many aspects of bond funding, the Locust Valley Board of Education voted on Oct. 26 to move forward with a $30 million bond that will be presented to voters for approval on Dec. 20.  More than 60 faculty, parents, residents, architects, community leaders and financial experts, have shared their advice and input with the Board of Education regarding all aspects of pursuing a bond needed for facility improvements at district schools built from 57 to 90 years ago.

For a homeowner who pays $10,000 in school taxes in 2017-18, the total increase would be $58 for 2018-19. 

The Board of Education voted to present two propositions to residents for approval. The first proposition includes health, safety and security improvements, program needs and athletic updates. The second proposition is for two turf fields. The first proposition must pass in order for the second proposition to be approved for bond funding.

Minimal school tax impact within the tax cap, a very high district credit rating and low interest rates, combined with limited capital funding alternatives and significant facility needs make this an important time for the school district to consider bond funding.

Bond information will be available to all district residents from now until Dec. 20. For more information, residents are encouraged to visit the bond referendum page on the district website (click here) Members of the school community are also asked to read district publications that will be mailed to them and to attend bond information meetings that will take place throughout the district within the coming weeks. In the event that community organizations would like representatives to share information regarding the proposed bond at their meetings, they should contact Mrs. Susan Hammerschmidt at 516-277-5001.