August 22, 2018 – Slinger, WI – In 2016 taxpayers in the Slinger School District approved a $42 million referendum that funded district-wide projects.
The referendum bonds were issued at the lowest rate in the past 30 years at 2.45 percent.
The bonds totaled $42,280,000 and with interest the payback will be $52,869,810.
“By borrowing at 2.45 percent instead of 4 percent, we shaved two years off the 20-year loan and the combination of shortening the term and the lower interest rate, we cut the interest by $8 million or 43 percent,” said Slinger Superintendent Daren Sievers.
Five buildings and the campuses of the Slinger School District saw improvements through the referendum.
Prior to Friday night’s football game, when the Owls hosted Whitefish Bay, the class of 1988 took a tour of their old school.
The fitness center is 9,100 square feet.
“This was the music wing and the architects blew out the band and choir hallway walls and opened it up,” said Sievers. “The stage where the kids performed is now a double-decker fitness center with 1,800 more square feet.”
Click HERE to see the alumni tour the new SHS auditorium. During the tour you can hear alumni were wowed by the experience.
The opening production will be Wizard of Oz on November 1,2,3 and 4.