Sinking Fund

 

Given the costs associated with the upkeep of our facilities, we are truly appreciative of the community’s support for the District’s sinking fund ballot proposal approved by voters in May, 2019. This fund will generate approximately $500,000 a year for 10 years. Per Michigan Law, sinking fund monies are limited to certain uses. The district will use the sinking funds to upgrade and repair our infrastructure and buildings. Sinking funds may not be used for wage, salary, or benefit increases.

Sinking Fund projects in the 2020-21 school year:

Comstock High School

  • HS Restroom Renovvation $63,000.00
  • Cafeteria Tile Abatement $51,700.00
  • HS Flooring Project $48,878.00
  • Re-tube complete Hurst Boiler #2 - $25,059.00
  • Replace 3 ton mini split in IT room $14,782.50
  • Replace Condensate Tank $5,175.00
  • Optiguard Door Protection $4,895.00
  • New roofs on Baseball Dugouts $4,000.00
  • Infrared Scan-CHS $3,960.00
  • Cab Air Purifier $3,000.00
  • Repair/Replace Roof Drain $2,771.08
  • Install Zoeller Floor Pump $2,460.00
  • HS Faculty Restroom Painting $1,865.00
  • Work on Server Ceiling per Proposal $1,730.00
  • Additional Floor Prep-HS Flooring $910.18
  • Repair Entry Door $848.00
  • LED Fixtures $592.00
  • Repair water leak from boiler $316.00
  • Mirrors for CHS staff restrooms $59.92

CHS Total: $236,001.68

Comstock Middle School

  • Asbestos Air Monitoring/Abatement $82,450.00
  • Labor & Materials installed to date 9/17/21 $65,000.00
  • Asbestos Air Monitoring/TEM $59,050.00
  • Material & Labor for CMS Carpet $55,000.00
  • CMS Painting-Corridors $8,330.79
  • Painting-MS Cafeteria $5,635.00
  • Glazed Tile Painting @ MS $2,360.00
  • Infrared Scan - CMS $1,620.00
  • CMS classroom moving $2868.32

CMS Total: $282,314.11

STEM Academy

  • Partial roof replacement $160,450.00
  • Replace Unit Ventilators in Library $29,372.00
  • Bulkhead Replacement $4,347.00
  • STEM Portables Shingles Installation $7,000.00
  • Exterior Painting-E.F.I.S. $3,000.00
  • Infrared Scan-STEM $1,390.00
  • Room 301 Asbestos Survey $850.00
  • STEM Room 300 Whiteboards   $820.50

STEM Total: $207,229.50

Comstock Elementary School

  • Build/Install Floor for Walk-in Cooler $9,989.00
  • Optiguard Door Protection $4,895.00
  • Cab Air Purifier $3,000.00
  • Infrared Scan-CES $2,560.00
  • MOVING CES $3189.05 

CES Total: $23,534.05

Compass High School/Administration Building

  • Asbestos Air Monitoring/Abatement $14,850.00
  • Replace PTAC units $14,484.00
  • Painting @ Admin Bldg $8,985.00
  • Admin Bldg Painting $2,625.00
  • VIRTUAL HS SIGNS $1,952.15
  • Curb removal/New asphalt $1,902.00
  • Installation of non-electric signs   $1,894.48
  • Infrared Scan-Compass $1,560.00
  •  New lockset for HR Office $565.15

Compass/Admin Total: $48,817.78

CELA

  • Infrared scan $1,230.00
  • Pull Station Covers $526.96

CELA Total: $1,756.96

District Total for 2020-21: $799,654.08


Sinking Fund projects in the 2019-20 school year:

  • Replacement of the north parking lot and exit driveway at the STEM Academy - $115,500
  • Replacement of gas pump at Transportation Department - $8,350
  • Comstock Community Auditorium bathroom remodeling - $31,545
  • Comstock Middle School sewage pumps - $8,258
  • Upgrades to Thermostatic Controls - $16,598
  • CHS trophy case renovation - $8,229
  • Comstock High School boiler repair - $10,998
  • CES exterior drainage improvement - $2,858
  • CHS door repair - $745
  • CELA air handler motor repair - $2,020
  • Compass asbestos abatement - $925
  • Bus garage asbestos abatement - $925

Total for 2019-20: $206,951

2019-21 District Total: $1,006,605