Friday, July 5, 2013

Bond Info

A summary of the school board study session about a proposed bond was sent to me.

The board is going to request a 5-year bond of  $520 million, which is about $14 per month per $100,000 of assessed valuation. A committee will be formed to look at how to spend the bond money in the most efficient manner. The bond will be used not just for new buildings but for renovations to existing buildings.

The Board has asked district administration to prepare multiple plans for boundary changes and closing schools and how those actions would impact a bond. While the survey showed patrons would support closing schools and boundary changes, the Board wants some actual plans to see if this would still be supported when parents see how their children would be impacted.

The next study session to discuss the bond will be Tuesday, July 30 beginning at 3:00.

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