GLTech School Renovation Project
The Greater Lowell Regional Tech School administration presented their school renovation project to a joint meeting of the selectmen, finance committee, permanent building, and public last evening.
Dracut’s part would be about $3.4 million dollars over 20 years, which would have to be in the form of new taxes.
Town Manager Dennis Piendak was fully supportive of the project, but “there is a real fiscal impact to the town here.”
“40% of our annual tax levy increase every year goes to the voke already,” he said. “This would push that up to over 50%”
The board noted that 20% of enrollments to the school are from Dracut, yet we are being asked to pick up over 30% of the cost. Because of state funding formulas, Lowell benefits at the sacrifice of the other communities (all the while trying to capture more votes on the regional school board by challenging its makeup).
When asked how much debt the regional school carries, they said “none.”
Dracut educates students at about $9-10,000 per pupil per year, while the tech does so at $16,000. Every students that does there, costs the Dracut schools considerable revenue.
Chairman of the GLTech School Cmte Victor Olson will be on the 980 AM Saturday Morning Live program this week to discuss the project.