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Wed March 31, 2010
Clark County Schools Want To Borrow Money
Kahoka, MO – Superintendent Ritchie Kracht says the Clark County R-1 School District invited the entire community to a series of meetings on facility planning. He says the group worked together and identified $9-million worth of improvements.
Kracht says that initial list was narrowed down to about $4-million, which the district could borrow for. He says the district wanted to focus on improvements that addressed student safety, energy efficiency, and infrastructure stability.
Kracht says the district needs voter approval to borrow the $4-million, so the question will appear on the April 6 ballot. He says the proposal will not require an increase in property taxes.
"Our current levy of $0.75/$100 of assessed valuation," says Kracht, "and that is used to pay off the middle school addition and the high school. Those bonds will expire in 2020 so this will extend those bonds until 2030."
Kracht says much of the work will be completed, this summer, if voters approve CCR-1's borrowing plan. He says the issue needs 4/7 support (57.1%).
You can see the Clark County R-1 School District's informational brochure here
You can see the list of improvement projects here