Possible February LPS school bond vote - News, Weather and Sports for Lincoln, NE; KLKNTV.com

Possible February LPS school bond vote

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By: Jenn Hatcher

Come February, the people of Lincoln could be facing a school bond vote.

School board members say having the election earlier in the year verses later will save the school district money.

On first reading Tuesday night, the board discussed asking Lincoln voters to approve a $150 million dollar bond.

This is just eight years after the last bond, but in that short time the school district population grew.

"I think that looking at our needs, they're exponentially increased over the last seven years and that's a trend of a positive community," says Liz Standish, Associate Superintendent of Business for LPS.

The bond would cover a wide variety of school projects including technology and security upgrades and some new facilities.

LPS director of operations, Steve Wieskamp, says an early election could save more than $900,000.

Which, LPS School Board President, Don Mayhew explained, "By going earlier we get to save a building season.  By doing that we save construction cost and then the other thing is on interest, as rates are tending upwards, just a slight up tick in the interest rate can make a huge difference over the life of the bond."

One member of the public spoke up at the meeting, saying an early election cuts down the number of voters, "It's appropriate that an issue of such far reaching concern be reserved for a statewide election which general receives the highest level of community participation."

Whether it's a mail in ballot or a poll, is decided by the election commission.

The school board will vote to present the bond issue to the public in December.

More information on the school bond can be found at http://www.lps.org/

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