Building for Our Future

Background

Over the past five years, the district has undertaken extensive efforts to evaluate the condition of Hempfield High School and assess the need for improvements. This process has included two comprehensive feasibility studies and input from architects, engineering experts, and consulting firms. Hempfield High School is the oldest building in the district, with certain areas—such as the Franklin wing—dating back 70 years.

Critical systems in the building, including roofing and mechanical/HVAC components, have exceeded their expected life span and will require millions of dollars to replace. Renovating these aging systems in an older structure is not cost-effective, as the upgrades would not provide the long-term value or efficiency of new construction.

Beyond infrastructure concerns, the current facility has traditional classrooms that are undersized and poorly lit. These spaces are not conducive to the collaborative, flexible learning environments that are essential to today’s teaching and learning practices.

Affordability

Hempfield School District holds an excellent bond rating of AA2, which positions us well to borrow funds for a major capital project at a favorable interest rate. This allows the district to spread loan (bond) payments over time, significantly minimizing the financial impact on taxpayers.

To secure bonds for a project of this scale, the district must demonstrate the ability to make consistent bond payments. Bond repayment would likely extend over 20 to 25 years. Due to the time value of money and low-interest borrowing rates, this strategy is fiscally advantageous. Over time, the relative cost of these payments will decrease as a percentage of the district’s annual budget due to inflation. Ultimately, borrowing makes it possible to complete a large-scale capital project while reducing, where possible, the financial burden on current taxpayers.

The board has engaged in numerous public discussions regarding how to pay for the high school project. Beginning with the 2024-25 budget, the board began dedicating a portion of the tax increase to the high school project. The board will need to continue this approach through the 2029-30 budget. The chart below outlines the % of a tax increase needed on a yearly basis to pay for the project.