OPS board to decide if bond issue goes on November ballot

Aug 28, 2014

The Omaha Public Schools board will vote Thursday evening on whether or not to place a $421 million bond on the November 4th ballot.

That vote will happen at a special meeting Thursday at 6 pm. The bond issue would pay for fire, life safety, and technology upgrades; capital improvements and renovations; and buying land for four future new schools.

The largest part of the bond issue is $259.7 million for renovations and improvements. Those include replacing four elementary schools.

A $421 million bond would mean an additional $60 in property taxes on a $100,000 dollar home.

OPS could ask for another bond issue in three years of more than $300 million.