Friday, March 28, 2008

Monday forum to focus on $25 million school bond election - mlive.com

Monday forum to focus on $25 million school bond election - mlive.com: "If voters approve it in the May 6 election, the school district's taxpayers, who are currently paying off a 2001 bond issue, would continue to pay the current tax rate of 7.27 mills until 2037, 17 years later than the expiration of the current tax.
The additional money generated by the tax extension would pay for improvements to the district's facilities, alleviating some of the strain on the district's finances.
Among the items included in the proposed project are construction of a 48,450-square-foot early childhood center and a new transportation building, renovations to the three school buildings and installation of synthetic turf and additional bleachers at the football stadium"

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