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Center Grove board approves preliminary resolution for $25 million of school projects, no tax-rate increase
Summary
The Center Grove Community School Corporation board approved a preliminary determination resolution to pursue a $25 million financing package covering $17 million for Middle School Central renovations and $8 million for districtwide recurring projects, and trustees said the plan will not raise the district's tax rate.
At a meeting of the Center Grove Community School Corporation Board of Trustees, members approved a preliminary determination resolution to advance two projects totaling $25 million: $17 million for renovations at Middle School Central and $8 million for districtwide recurring maintenance, technology and bus purchases.
The resolution moves the projects toward a 10/28 public hearing and financing actions; board members and district staff said the work can be funded within the district's current tax rate. "This will not come into any tax rate increase to fund this project," said Dr. Taylor, the district staff presenter, noting the…
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