School board puts $421M bond measure on ballot

Aug 30, 2014

OMAHA, Neb. (AP) — The Omaha school board has placed a $421 million bond measure on the November ballot to repair old schools and eventually build more schools where student enrollment is increasi

The Omaha World-Herald says the board unanimously voted Thursday to put the issue on the November general election ballot. If the measure passes, it would raise property taxes in the school district by $90 on a home valued at $150,000.

Board members also say if the measure passes in November, they plan to put another bond issue of $377 million forward in May 2017. It's part of a two-pronged plan to spread proposed construction costs.

The Greater Omaha Chamber of Commerce's board chairman has endorsed the measure. He says updating the schools aligns with the organization's efforts toward growing the city.

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