May 3 Election: Central School Board asks voters to approve $35M bond issue
BATON ROUGE, La. (Louisiana First) — Voters in the Central Community School System are being asked to approve a $35 million bond proposal on the May 3 ballot to fund major school improvements.
If passed, the bond would allow the Central Community School Board to borrow up to $35 million over a period of up to 20 years, at an interest rate not to exceed 7% per year, according to the Louisiana Secretary of State's Office.
Funds from the bond would go toward:
Building, purchasing, and improving school buildings and facilities
Buying equipment and furnishings
Completing projects listed in the district's Capital Improvement Plan, approved by the school board on Jan. 13, 2025
The bonds would be repaid using ad valorem property taxes, with no expected increase in the current tax rate of 23.65 mills during the first year, according to the proposition.
Polls will be open on Saturday, May 3, from 7 a.m. to 8 p.m. For more election and voting information, click here.
Central School Board Seeks voter approval for $35 million bond to improve school infrastructure
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