News Column

BRIEF: WCA to vote on levy, bonds

August 1, 2014

By Miranda Hubert, Fergus Falls Daily Journal, Minn.



Aug. 01--Residents in the West Central Area School District will have an opportunity to vote in November to determine if the current operating levy will be replaced and if general obligation bonds will be issued to pay for facility improvements, the Grant County Herald reported.

The first question will ask if the current operating levy should be revoked and replaced with a levy for $1,851 per pupil. In theory, this would allow the school to continue with its current programing while keeping funds balanced until 2019.

The second question will ask for the issuance of general obligation bonds not to exceed $5 million for five years. The funds will help pay for improvements on the district's three facilities. The levy replacement would have to pass in order for the bond portion to pass because without the new levy, WCA would not be able to continue to operate out of all three facilities.

___

(c)2014 the Fergus Falls Daily Journal (Fergus Falls, Minn.)

Visit the Fergus Falls Daily Journal (Fergus Falls, Minn.) at www.fergusfallsjournal.com

Distributed by MCT Information Services


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Fergus Falls Daily Journal (MN)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters