Full Video working now.
If I was outside looking in, I would say the bond will fail, big time at the polls. Why?
• $180 million dollar price tag (some on the task force suggested a lower price tag of $150 to build 3 immediate needed schools.
• A stand alone election in September (some on the task force said this will certainly doom the bond) but Maher maintains it needs to be done before November so the construction can begin ASAP. Another task force member testified that when West central(?) had a stand alone bond election it failed and continued to fail until they tied it in with another election.
• It needs a 60% passage. That will be virtually impossible. The EC, which wasn’t even a legal bond vote didn’t even get that, AND NO TAX INCREASE WAS ATTACHED TO THE Events Center.
• It would be a $100 a year tax increase for every $100K home valuation.
They really need to scale this back even more. My suggestion would to build TWO new schools (leave out the HS) and get the number under $100 million. What I can’t understand is how an elementary school would cost $17 million but a new HS would cost $84 million?
I would also find other resources to pay down the bonds besides property taxes. I think if they get that $100 increase to under $50 a year they may have a better chance.
Hold the election with the General in November.
I wasn’t able to watch the whole meeting, so please feel free to correct me if I got any of this information wrong or left anything out.