School bond election set; levy rate would increase $2.70

It’s official. Voters in the Greene County Community School District will vote Tuesday, April 3, on a bond issue not to exceed $21,480,000 to construct a new high school and career academy.

The school board met in special session Wednesday to accept a petition signed by 219 eligible voters requesting the election. That number represents more than 25 percent of the number of voters who participated in the most recent school election.

The petition asked for the bond issue “to construct, furnish and equip a new 9-12 grade school, which includes a competition gym and performing arts center and to improve the site; to furnish and equip a Regional Center (career academy) and to improve the site; to remodel, repair, improve, furnish and equip the current 9-12th grade school into a 5-8th school building and administrative offices and to improve the site.”

The levy rate required to pay the bonds is pegged at $2.70 (per thousand dollars of taxable valuation). The owner of a home assessed at $100,000, after applying the rollback ad the homestead credit, would pay an additional $137 per year in property taxes. The owner of 500 acres of agricultural land at an average assessed value of $2,778 per acre would pay an additional $1,389 in property taxes. The owner of commercial property with an assessed value of $250,000 would pay an additional $607.50 in property taxes.

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