5. Is the intention to use the full $5,100,000 right away?
No. The district would intend to use $3,800,000 of the opt out funding. The board then utilized an inflationary factor of 2.5% over ten years to arrive at the amount of $5,100,000. The opt out provides the district with a revenue stream to provide predictability and stability in funding for schools and programs in the district over the next 10 years.