Lawrence residents will be asked to approve a $92.5 million bond issue for the city's public schools
Lawrence residents will be asked to approve a $92.5 million bond issue for the city's public schools.
The Lawrence Board of Education voted Monday to put the bond issue to a vote. It is the maximum amount the district could issue without needing permission to exceed a state cap on bonded indebtedness.
The Lawrence Journal-World reports (http://bit.ly/R3d8C4 ) the district would not have to raise its property tax mill levy because it is retiring other bonds this year.
If approved, nearly $71 million of the bond proceeds would be used for 14 elementary schools. The city's two high schools would get about $4.5 million and the career and technology programs would get $5.7 million. Remaining money would go to technology and upgrades needed to support the new technology.