Special election put on hold

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News

April 22, 2014 - 12:00 AM

The special election for a school bond issue has been put on hold. For now. USD 257 board of education members met for a special board meeting Monday afternoon to discuss the pros and cons of taking time with a bond issue for new facilities.

Monday afternoon Governor Sam Brownback signed a school funding bill that addresses the gaps in funding between poor and rich districts. The board was originally shooting for a June election because there was fear they would lose a bond and interest payments match from the state. The state pays 49 percent of a bond that a district takes out as well as what it pays in interest on those funds. Board members unanimously decided to rescind the resolution they passed in March. This gives the board more time to explore their options.

The initial bond was for $35 million. Funds would help build a new elementary facility and help maintain the existing Iola High School and middle school. Knowing that the bond aid is secure, board members discussed building a new high school as well.

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