Over the past six-and-a-half years, the annual mortgage/interest payment on the mortgage for the Let the Children Come project has been made on time. What a blessing this addition has been and continues to be to our students!
Not only have your generous gifts supported the needed payment to pay off Bond "A" last fall, but extra gifts allowed us to get an early start on Bond "B." These extra gifts have already helped to reduce interest fees on Bond "B." Thank you!
We are now looking to pay the current five-year-bond, Bond "B," three years early. Early payment (by October of 2025) will come with two significant financial benefits for the Federation.
- It will save nearly $35,000 in interest payments over the remainder of the current structured Bond "B."
- It will provide the capability to shop for an additional note toward a potential building expansion (if approved) to address a growing enrollment.
Responsible Stewardship
Our current facility is expected to exceed capacity by the fall of 2028; therefore, a classroom and locker expansion project would need to begin sometime during the 2026-2027 school year. Having the ability to explore all options of a new loan would put the Federation in the best position to be good stewards of an ever-changing financial landscape and to utilize various banks, government bonds, and other potential lending options to best serve the financial needs of our high school.
Goals for October 2024 & 2025
- Our sixth mortgage payment of $475,000 comes due on October 31. For our seventh mortgage payment in 2025, we are looking to pay $875,000 to facilitate the early retirement of Bond "B."
- Giving Day is an important part of helping us reach the financial goals of the next 16 months.
We encourage everyone to participate with small, medium, or large gifts—every contribution makes a difference! Mark your calendar, and watch for details in August & September.
If you would like to donate today, you can go to our online donation page.
If you or someone you know would like to be part of a matching gift or to help us expedite the payoff of government Bond "B" by October 2025, please reach out to President Jeffrey J. Loberger or our Mission Advancement Office. We would be happy to assist you in making a much-appreciated contribution to this initiative. Thank you in advance for your prayers and support!
- President Loberger - president@fvlhs.org | 920-560-5129
- Mission Advancement Office - missionadvancement@fvlhs.org | 920-560-5107
