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Bond issue discussion to continue at Hays USD 489 board work session Monday

By JAMES BELL
Hays Post

The Hays USD 489 Board of Education will continue discussion of a proposed bond issue at the first work session of 2016 at 6:30 p.m. Monday in the Toepfer Board Room in the Rockwell Administration Center, 323 W. 12th.

The proposed $94 million bond would be used to pay for facility upgrades throughout the district.

Last week, representatives from the board appeared before the Hays City Commission, asking for a discussion of sales taxes being used to help fund the bond, but the commission rebuffed the request.

Without a sales tax approved by voters, the cost to a home owner with a home valued at $150,000 could be as high as $30.19 per month, according to documents from Piper Jaffray, which has been working with the board on monetary strategy as the bond issue has been moving forward.

With or without the commission’s support of a sales tax, the board will work to finalize the resolution calling for a bond election, which is set to be finalized at the Jan. 18 board meeting.

 A full agenda for the work-session can be found here.

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