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November 28, 2014

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School board delays $9.5 billion capital plan

The Clark County School Board voted unanimously this morning to postpone its $9.5 billion capital campaign, which would have gone to voters in November.

The vote was 6-0, with School Board member Shirley Barber absent.

The decision to postpone the bond measure came in the wake of enrollment predictions that were lower than had been expected earlier this year. Coupled with the state's grim fiscal outlook, the timing wasn't right, said Clark County School Board President Mary Beth Scow.

Instead, the district plans to continue issuing short-term bonds through an extension of the 1998 capital improvement program. That will raise about $200 million annually, enough to move forward with the 23 new and replacement schools that have already been scheduled.

The district now expects to go back to voters in 2010.

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