7. Given the current facility plans/changes, why is the district going for an opt out?

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Currently, the district uses $300,000 in funding from capital outlay to help with general fund expenditures.  We know that we will need to use capital outlay funds to pay for school facility improvements.  The district therefore will need to find other funding options or reduce programming options by $300,000 if we proceed with removing capital outlay funds as a revenue source from the general fund budget.  The opt out funding would replace the capital outlay fund transfer that is currently being utilized to fund the general fund budget.