HUMBOLDT While nothing is set in stone, the Humboldt Board of Education is considering renewing a school bond or trying to pass another to help with improvements to the school facilities within the district. If projections come in at $10 million or less, taxpayers will not see an increase, according to a financial adviser in attendance at a community advisory committee meeting earlier this week.
The school is set to pay off its current bond of $5.9 million a year ahead of schedule. If the current bond were to be extended, it could support a $10 million bond over 20 years, while having zero effect on taxpayers. Currently, the school is looking at the effects a $12-15 million bond would have on home-, business- and crop owners in the area.
The district hired DCS services out of Wichita in February to do a complete analysis of the districts facilities. Superintendent Kay Lewis said they needed the assessment done so they didnt throw money into buildings that could be replaced in 10 years.