BRICS Bond for Dearborn

Bond Overview-Please Vote!

Dearborn Public Schools is asking voters to consider a bond proposal on the  November 5th, 2019 ballot. 

With existing bonds expiring, the District can generate approximately $240 million from the sale of new bonds without a change in the current millage rate of 4.82.  This bond would not increase the current tax rates for residents.

The District is calling the proposal BRICS because the funded projects focus on Buildings, Renovations, Infrastructure, Capacity and Safety.

The BRICS Bond proposal is the direct result of the Infrastructure Task Force, which spent just over three months developing a plan and then making a recommendation to the Board of Education that included a zero millage increase while still generating $240 million to address a variety of critically needed items and updates in our schools.