LA FERIA — Voters will decide whether the school district will borrow up to $14 million for school improvements.
The school board has decided unanimously to send a bond issue to a vote May 7.
Officials want to use the money to upgrade the 60-year-old C.E. Vail Elementary School and make other improvements.
“It’s something that is very important and it’s needed for our students and it’s based on what we feel is needed to enhance instruction in a good learning environment,” Superintendent Rey Villarreal said.
“It’s approximately $14 million in bonds. We approved that amount but it may not be that big.”
Because of the money market right now, the district qualifies for that much, he said. But if inter-est rates change it could be less.
The bond package would raise property taxes by 7.14 cents per $100 of appraised value.
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