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Stafford boards approve resolution, call $150 million school bond election

2270807 · February 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Stafford Municipal School District board voted 7-0 to ask voters to approve a $150 million school-building bond and the City of Stafford council approved an ordinance calling the election, with the package broken into four propositions for academics, debt refunding, stadium work and technology.

The Stafford Municipal School District board voted 7-0 to request a $150,000,000 school-building bond and the City of Stafford council approved an ordinance calling the election during a joint special meeting, district and city officials said.

District leaders presented a four-part bond proposal that would appear on the ballot as separate propositions: Proposition A for general academic facilities ($113,350,000); Proposition B to refund maintenance tax notes ($5,250,000); Proposition C for stadium facilities ($21,400,000); and Proposition D for technology ($10,000,000). Clarence Greer, the district’s financial adviser from RBC, told the joint bodies the plan would cost about 9.6 cents in tax rate — roughly $12.15 per month, or about $145 a year, for the median home in the district after exemptions.

The bond proposal is the product of an extended planning process that the district described as community-led. Superintendent Dr. Bassey said the district and city had been working with consultants from LAN and RBC Capital for about seven months and that a long-range facilities planning group and a 71-person key-communicator panel vetted and ranked projects. “If they plan to move forward with putting anything on a ballot at…

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