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Archive for Sunday, December 9, 2012

Lawrence school board to begin finalizing bond proposal

December 9, 2012

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The Lawrence school board will start digging through a list of suggested building upgrades and technology enhancements to come up with a final package that members will ask voters to approve with a bond issue in the April elections.

The board meets at 7 p.m. Monday at the district office, 110 McDonald Drive.

The main purpose of the bonds would be to fund building expansions and renovations in the district's 14 elementary schools to bring them all up to comparable standards, with particular focus on the six schools in older neighborhoods of central and east Lawrence.

Proceeds would also be used to fund some renovations at Lawrence and Free State high schools, enhance computer and audio-visual technology throughout the district, and to expand career and technical education opportunities in the district.

On Nov. 26, the board received preliminary cost estimates ranging from about $85 million to $98 million.

In other business, the board will:

• Vote on a formal authorization to refinance bonds that were issued in 2006, reducing the interest rate from 5 percent to just under 2 percent, for a savings now estimated at $1.45 million.

• Consider adopting a formal policy regarding bond procedures to assure compliance with federal tax laws regarding tax-exempt bonds.

• And receive a report on the district's 2012 graduation rate.

Comments

lunacydetector 1 year, 4 months ago

will these bonds be like the payday loan bonds some california school districts have used? -$100 million turns into a $1 billion balloon.

i wish government entities would stop spending our money just because they can.....our schools are damn nice already.

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CountyResident 1 year, 4 months ago

No bond issued is needed. Take the money out of the Capital Outlay Fund. It is budgeted just for these type of expenditures.

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LogicMan 1 year, 4 months ago

"I will not support any further athletic project spending. Students need to focus on developing job skills."

OMG! I agree with merrill on something.

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Richard Heckler 1 year, 4 months ago

More renovations at Free State HIgh School?

I can only hope we are provided with a menu type ballot that offers taxpayers a choice.

How many ways can we taxpayers fund teachers salaries? Let's take a hard look.

Yes I will support a non tax increasing bond issue that rehabilitates our elementary schools and removes the portable buildings. And I would prefer a means to remove all fees regarding academic growth.

I will not support any further athletic project spending. Students need to focus on developing job skills.

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