Ed-Co Trying for Second Bond Referendum in September

Ed-Co is trying for a second bond vote for school building improvements. 

The School Board has approved to hold a bond referendum in September – similar to what was held last November. 

Ed-Co Superintendent Rob Busch says the board will ask district voters to approve up to $12,555,000 in General Obligation Bonds. The funds would be used to remodel portions of the elementary and high school, including HVAC and mechanical upgrades in the elementary school, building a new gym at the high school and new space for career and technical education. Projects would also encompass upgrades to safety and security, including improvements to traffic flow and drop-off and pick-up areas. 

The amount is slightly higher than the $12,050,000 bond referendum that voters rejected last November. That approved bond would have resulted in a $2 tax levy rate increase and would have had a property tax impact of $103 per year on a home with an assessed value of $100,000. 

It came up short in reaching the 60% majority needed to pass, with about 53% of voters approving the measure.

Busch says the new tax rate would equate to an increase of $98.51 per year (or $8.21 per month) on a home assessed at $100,000.

photo courtesy of Janelle Tucker/KMCH