Administrator gives update on Prop. K.I.D.S. (PHASE II)

Wednesday, January 30, 2013

Proposition K.I.D.S. (PHASE II) is the second phase of a long range facility needs and improvement plan which calls for a special bond election to be held April 2, 2013. The Kennett No. 39 Board of Education is asking the voters to allow the school district to borrow $4,000,000 for the purpose of renovating Masterson Elementary and South Elementary campuses. Bonds will be sold for the purpose of generating enough revenue to pay the debt. The present debt service levy of $0.70 will be adequate for this purpose. Therefore, NO tax increase is required.

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