Q: Why did the District choose this specific property? A: The 41 Moores Road property is strategically located adjacent to our high school campus, providing over 20 acres that will allow for seamless integration with our existing facilities. Its position at the intersection of Route 401 and Moores Road also offers excellent accessibility including a separate egress to alleviate traffic.
Q: How will this purchase impact my property taxes? A: This purchase is being funded entirely through existing capital reserves and escrow funds, not through new taxes or bonds.
Isolating the impact of a single expenditure’s impact on the taxation is challenging. To accommodate this purchase, the District has adjusted its five-year capital plan to ensure the District operates within its fiscal norms. Over the last ten years, the District has always kept taxes below the Act 1 Index and strives to do so with every budget.
Q: What is the difference between capital funds and general funds? A: Capital funds are specifically designated for infrastructure projects, property acquisitions, and major facility improvements. General funds are used for day-to-day operations like salaries, utilities, and educational materials. These are completely separate budget categories with different funding sources and restrictions.
Q: What are the escrow funds from the 5/6 Center? A: These are funds that were set aside from a previous transaction involving the 5/6 Center. Using these existing escrow funds helps minimize the impact on our capital fund balance.
Q: The District already owns other property. Why purchase additional land instead of developing other sites? A: The District decided on the Moores Road property after evaluating several key criteria including cost, size, proximity to schools, and accessibility. This site offers several advantages: it leverages existing road infrastructure that can accommodate increased traffic, and its location directly adjacent to the high school campus allows for seamless operational integration. The District will be reevaluating its other properties for future use.
Q: What will happen to the existing structures on the property? A: During our due diligence period, we will conduct comprehensive assessments of all existing structures to determine their condition, potential uses, and maintenance requirements. These findings will inform our long-term plans for the property.
Q: When will we see development on this land? A: This is a long-term strategic investment. We will complete thorough evaluations first, then develop plans based on anticipated District needs. Any major development would require additional board approval at a public meeting.
Q: How does this align with the District's long-term goals? A: This acquisition provides flexibility for future growth and program expansion as outlined in our strategic planning process. The Board will share more details about how this property fits into our long-term vision during the spring 2026 community update.