School Board will ask taxpayers to vote on $153M bond issue - News, Weather and Sports for Lincoln, NE; KLKNTV.com

School Board will ask taxpayers to vote on $153M bond issue

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By: Bill Schammert
bschammert@klkntv.com

As expected, the Lincoln School Board voted tonight to send a $153 million bond issue to the voting public.

The bond would pay for security and technology upgrades and new infrastructure needs.  This includes a new elementary school, a new middle school and a new high school career academy.

Board member Lanny Boswell says he's confident it'll pass since the bond will not increase the current tax levy; meaning taxpayers will be footing the same bill as before.

"By using that same section of the [current] levy to apply to a new $153 million we can do this work across all buildings in the school district without raising the levy," Boswell said.

The previous levy will expire at the end of 2014.

The special election will be held on February 11th.  It'll cost an estimated $250,000, but board members are hopeful they can save in the long-run.

"By starting projects three months earlier we can gain the summer of 2014 to do projects when kids aren't in school and also save on instruction inflation," Boswell said.

Associate Superintendent for Business Affairs, Liz Standish, says this would save an estimated $1 million by taking advantage of current pricing and the 2014 construction season.

Whether voters will be asked to go to the polls, or conduct Lincoln's first ever mail-in ballot election will be up to the election commissioner.

 

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