Fayette School Board held a called meeting Monday night to discuss the idea of placing a one-percent local option sales tax on the November ballot. If they reach agreement and if voters approve the measure, it is expected to generate $100-115 million in revenues the board said would meet a variety of needs and reduce the debt service millage rate by .83 mills in 2010.

Board members looked favorably on the prospect of raising funds for technology, debt service, security, textbook purchases, facility improvements and bus purchases.

Some on the board were less positive about including a $10 million joint venture aquatic facility on the referendum.

By law, one-percent sales tax initiatives can run for a maximum of five years. The board will continue its discussion of the measure at the July 28 meeting.