Another
bond issue, or special local option sales tax is expected
to be on the ballot in November, based on the Fayette
County School Board's need to come up with $12 million in
local funds to build two new schools. County school
superintendent Dr. John DeCotis was directed by the board
Monday night "pursue some options" on how to
package a SPLOST or a bond issue to come up with the $12
million necessary to accept $8,416,458 in state capital
and growth funds plus fulfill needs at existing schools.
School board chairman Debbie Condon said, "Let's
look at it, a SPLOST and a bond issue, and see how each
will affect the taxpayer. We also need to address equity
among different schools."
Last
August, the board approved and accepted the state
application to obtain state funding for one new
elementary school and one new middle school. The dilemma
is coming up with the local share. Failure to produce the
local funds for the elementary school by June of next
year, and the middle school by July 2001 would result in
the board losing the $8 million in state funds.
Failure of
last year's SPLOST forced the school board to dip into
its reserve fund to pay for the construction of Peeples
Elementary, according to Debbie Condon, board chairman.
"We can't afford to do that anymore," Condon
said. "We had about $14 or $15 million in the
reserve fund and we have to build it back up."
"Timing
is crucial," DeCotis told the board. "Even
November is close," added board member Woody
Shelnutt. If the board failed to put together a SPLOST or
bond issue by November, they would have to wait until
March or April.
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Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…