School trustees to consider bond proposals

Tuesday, April 21, 1998 | 8:52 a.m.

Washoe County school trustees, who have been grappling with that question for months, may decide tonight how much to ask for on the November ballot.

District staff is recommending a two-part measure.

The first part would build three new schools and finance some capital improvements. Officials estimate about $133 million could be raised without a tax increase, because of cost would be offset by the retirement or refinancing of old bonds.

The second part of the proposal would raise money for elementary schools, vocational facilities and additional maintenance. School officials estimate $47 million is needed.

That portion would require a property tax increase, estimated at $25 to $30 a year for the owner of a $150,000 home.

Any bond proposal must still be approved by the county debt management commission before it appears on the ballot.

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