Saturday's Internet Edition, May 17, 2008.
school bonds talk
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| SELECTED BY FAIRFIELD chamber of commerce as “Business of the Year” for 2007 is Lott Physical Therapy and Fitness Center. Pictured are business staff members: l-r, Michalle Wooden, Lisa Lott, David Lott, Charla Adamick, Janice Clary, Tina Sullivan, Sarah Wright, Courtney Eidson, Erin Maggard, Cynthia Stanford and Chris Horton. |
The meeting is at 6:30 p.m. at the Fairfield high school north lecture room in Johnson Activity Center.
Proposed are two bond issues, $16 million to build a new school campus and $2 million for the FHS expansion, for a total of $18 million.
The construction projects are being considered by the FISD board of trustees to relieve increasingly crowded conditions at the three current school campuses.
The new school would house grades pre-kindergarten through first, and the fifth grade would be moved from the junior high to the present elementary school campus.
The bonds would be repaid over 15 years, requiring a property tax rate increase of an estimated 7.26 cents per $100 assessed valuation, making the overall tax rate for bond payments an estimated 17.97 cents.
FISD currently is making payments on $24 million in bonds approved by voters to build a new elementary school and enlarge the high school with a new gymnasium facility, media center and lecture rooms.
School trustees must decide by March 10 to call a bond election for May 10 and decide the specific items to be included in bonds.
Input from area residents is sought by the board in making those decisions.