The West Delaware School Board will be holding a public hearing tonight on the funding for the rest of their building project.
The board will consider issuing about $15 million dollars in school infrastructure sales, services and use tax revenue bonds.
Superintendent Dr. Kristen Rickey says the original plan for the project was $38 million. Last year, voters approved $20 million in general obligation bonds and there’s also $3 million set aside from internal funds. She says the other $15 million is going to be borrowed against their sales tax revenue.
Rickey says the important thing to note is this won’t have any impact on taxpayers – that’s because this is money the West Delaware School District receives each year from sales tax in the state. She says they’re just borrowing against that revenue so they can use the money now instead of waiting for it to come in over the next several years.
The public hearing will be held tonight at the West Delaware School Board meeting, which will take place at 6 pm at the Lambert Commons.
Other area meetings today include the Delaware County Board of Supervisors at 1:15 pm – they’ll hold a public hearing on a construction permit for a confined feeding operation for AR Pork (Ron Domeyer) in Section 29 of Bremen Township. And the Manchester City Council will hold their meeting tonight at 5 pm, with a public hearing on the Storm Water Wetlands Project