GOSHEN — The Goshen School Board moved Monday evening, Aug. 26, to refinance bonds issued in 2004 and 2005 to free up $3.625 million to go toward a variety of maintenance projects in the school system.
Refinancing with the lower interest rate currently available allows Goshen Community Schools to use that money to pursue a number of miscellaneous projects, including replacing the carpet at Goshen High School and Goshen Middle School, repairing parts of Goshen High School and Goshen Middle School’s roofs, adding more lockers to Goshen Middle School, demolishing school-owned houses on 10th Street and renovating the current main Goshen Middle School entrance into a more secure entrance, among other priorities, according to Superintendent Diane Woodworth. The money available through refinancing would not fund the complete list of projects that administrators have set, but would help the school corporation see through more of those projects. The complete list of prioritized projects, which includes more security upgrades, computer replacements and other building repairs, totals more than $4.5 million.
The board approved a number of resolutions to pursue the refinancing after a public hearing was held at the meeting.
The board also approved the advertisement of the 2014 budget. The advertised budget totals $72,849,989.
At the meeting, Goshen High School Assistant Principal Tony Harl gave a presentation about early college high schools and the possibility of Goshen High School becoming an early college.
The early college high school program is targeted to potential first-generation college students but offers the possibility to all students to earn either a certificate or associate’s degree at the same time as a student’s high school diploma.
Harl said that Goshen High School is setting up a team to further look into implementing the program.