two Special Purpose Local Option Sales Taxes this fall.

But after last week's school board meeting, it's

looking more and more like the Fayette County Board of Education will

call for a vote

on a bond this fall. School system comptroller Jim Stephens told the

board last week that he is still waiting for information before he could

offer a recommendation to the board.

"If we choose a 25-year bond, you're looking at about $4.6

million a year to pay on it," Stephens said.

With the value of a mill at nearly $4 million, Stephens said the bond

millage rate will rise in 2005 by slightly over a mill.

A 20-year bond would require an even higher bond millage rate hike,

but Stephens said he was also looking at another alternative.

All the system's bonds

will be paid off in 2011, so the comptroller is looking at possibly

issuing bonds and paying interest-only payments

until 2011.

"We'd like for you to decide at the next meeting which way

to go," said Superintendent John DeCotis.

In May, the board finalized a list of $65 million in additions and upgrades

for the system. Included on the list are:

- Two new elementary

schools.

- One new middle school.

- An upgraded media

center at Brooks Elementary.

- New energy management

systems at East Fayette Elementary and Fayette Middle schools.

- A new coat of paint

and carpeting at several schools, including Huddleston Elementary and

Peachtree City Elementary schools.

- Classroom additions

at Peeples Elementary and Rising Starr Middle schools.