Sunday, October 21 , 2018, 4:31 pm | Fair 70º

 
 
 
 

Cold Spring School Seeks Financial Help in Wake of Disaster

The Thomas Fire and subsequent flood that swept Montecito tragically resulted in loss of life and property.

Cold Spring Elementary School, a public K-6 school, that has served the community for more than a century, has been deeply affected by deaths of two of its students, kindergartener Peerawat “Pasta” Sutthithepa and sixth-grader Sawyer Corey.

Cold Spring School is bracing for another destructive impact of the disaster: the impending loss of a substantial amount of property-tax revenue due to the storm’s devastation, which will adversely impact the delivery of education to the school’s 170 students.

A vital anchor of a community is its schools and Cold Spring School is no exception. Located at 2243 Sycamore Canyon Road, it is a one-school district.

Established in 1889, Cold Spring has long been recognized for providing high-quality instruction and, as a neighborhood school, serving as a gathering place for generations of families.

Cold Spring School is designated by the state as a community-funded district. In California, about 132 of the state’s 1,038 school districts are identified as such.

Community-funded districts receive limited state funding because the area’s property taxes exceed the state’s minimum funding commitment.

Cold Spring School’s property taxes have historically been a predictable source of revenue. However, the school is now bracing for change.

“We have been informed by the Santa Barbara County tax assessor that Cold Spring School is projected to have a 9 percent funding decrease, which could result in a loss of as much as $485,000 for the 2018-2019 school year,” said Amy Alzina, principal/superintendent.

The anticipated loss is due to property damage caused to the school’s surrounding homes by the recent Thomas Fire and flood.

“Cold Spring School relies almost entirely on property-tax revenue," Alzina said. "As required by law, our school has just two weeks of reserves in the bank which, given the enormity of the Thomas Fire and flood, will be depleted almost immediately.

"Cold Spring School needs our community’s help in maintaining its long history of delivering high-quality education. Please
consider making a tax-deductible donation to the Cold Spring School Foundation,” she said.

“Without the community’s help, the consequence of such a major economic loss would be the loss of teaching staff and treasured arts and music programs," Alzina said.

"Cold Springs’ children have been deeply impacted by the death of two students and the devastation of neighborhood homes. We cannot add to that tremendous loss by eliminating teaching staff and arts and music programs.

"We are turning to the community to help our school keep the high-quality teaching staff and programs currently at risk because of the Thomas fire-flood devastation of homes and property.

"With the community’s help, the upcoming property tax loss of $485,000 will be met with an equal amount in monetary donations and grants to our school. Please help us continue to serve our community."

All donations are tax-deductible to the amount allowed by law: Cold Spring School Foundation is a California nonprofit 501(c)(3). Tax ID No. 95-3717748.

Amy Alzina for Cold Spring School District.

 

Support Noozhawk Today

You are an important ally in our mission to deliver clear, objective, high-quality professional news reporting for Santa Barbara, Goleta and the rest of Santa Barbara County. Join the Hawks Club today to help keep Noozhawk soaring.

We offer four membership levels: $5 a month, $10 a month, $25 a month or $1 a week. Payments can be made using a credit card, Apple Pay or Google Pay, or click here for information on recurring credit-card payments and a mailing address for checks.

Thank you for your vital support.

Become a Noozhawk Supporter

First name
Last name
Email
Select your monthly membership
Or choose an annual membership
×

Payment Information

Membership Subscription

You are enrolling in . Thank you for joining the Hawks Club.

Payment Method

Pay by Credit Card:

Mastercard, Visa, American Express, Discover
One click only, please!

Pay with Apple Pay or Google Pay:

Noozhawk partners with Stripe to provide secure invoicing and payments processing.
You may cancel your membership at any time by sending an email to .(JavaScript must be enabled to view this email address).

  • Ask
  • Vote
  • Investigate
  • Answer

Noozhawk Asks: What’s Your Question?

Welcome to Noozhawk Asks, a new feature in which you ask the questions, you help decide what Noozhawk investigates, and you work with us to find the answers.

Here’s how it works: You share your questions with us in the nearby box. In some cases, we may work with you to find the answers. In others, we may ask you to vote on your top choices to help us narrow the scope. And we’ll be regularly asking you for your feedback on a specific issue or topic.

We also expect to work together with the reader who asked the winning questions to find the answer together. Noozhawk’s objective is to come at questions from a place of curiosity and openness, and we believe a transparent collaboration is the key to achieve it.

The results of our investigation will be published here in this Noozhawk Asks section. Once or twice a month, we plan to do a review of what was asked and answered.

Thanks for asking!

Click Here to Get Started >

Reader Comments

Noozhawk is no longer accepting reader comments on our articles. Click here for the announcement. Readers are instead invited to submit letters to the editor by emailing them to [email protected]. Please provide your full name and community, as well as contact information for verification purposes only.