The Bryan City Schools facilities plan will go before the voters this fall if the state comes up with it’s portion of the costs.
Last night, the school board voted to place a 7.45-mill, 28-year bond issue on the Nov. 5 ballot. According to the Bryan Times, it represents matching local funds to consolidate the district’s students at the current Bryan Middle School site.
Monday’s vote is to have the millage certified by the county auditor. The next step is a vote planned at the July 15 meeting to proceed with placing the issue before the voters in November.
Not all the local share of the new facilities proposal will be in the form of new taxes. The board is looking at a one-time contribution of $2.75 million from the district’s permanent improvement fund, with another $3 million to be borrowed from future contributions to that fund, which brings down the bond issue total.