A special Grove School Board meeting, set for this week, will determine if school officials place a special bond election to support the school’s transportation needs before voters in 2017.
The meeting, set for 6 p.m., Wednesday, Dec. 21, takes place at the Grove Administration Building located on 210 S. Broadway.
Previously Superintendent Sandy Coaly said the school needs four busses and six or seven school vehicles.
The 30-plus bus transportation department has 450,000 miles on the vehicles and the costs is approximately between $93,000 to $98,000 for each, she said.
One scenario calls for a $600,000 bond issue, which would raise taxes $1.08 for every $100, but a $500,000 school bond issue would see no rise in taxes.
About the decision
The decision to place the bond issue before voters was tabled during the Dec. 13 meeting, after board members asked for additional information from Stephen H. McDonald, with Stephen H. McDonald & Associates, Inc., the district's financial consultant on previous school bonds.
McDonald said he kept the numbers conservative, and keep the district's millage rate under 11. Coaly and other school officials asked to keep the rate under 12 mils, adding that most schools the size of Grove have a millage rate of 20.
Board member Terry Jones asked McDonald what the rate would be, if the board sought a $800,00 or $1 million school bond - in order to purchase additional busses or to add in technology or building improvements.
McDonald was expected to provide additional details to the board by the special meeting.
If approved, the decision must be given to the Delaware County Election Board before the Jan. 10 school board meeting.
If the bond is approved, the board will also vote whether to approve the employment of Stephen H. McDonald & Associates, Inc. as financial consultant for the issue.