Bond issue fails by a mere nine votes

By Jennifer Lindsey, Education Reporter
Posted Nov 14, 2009 @ 11:51 AM
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The Fox school bond issue fell nine votes short of the needed 60 percent super majority Tuesday.


The bond, which totaled $250,000, would have been used to pay off the lease purchase on the new high school roof.


“We will be paying that out and seeing where that leads us,” superintendent Brent Phelps said.


Out of 205 votes, 114 (55.6 percent) voted yes and 91 (44.4 percent) voted no.


Phelps will present the results to the school board at the next meeting to figure out what to do.
“We will look at financial statements and probably cut back,” Phelps said.


Phelps did not know Tuesday what the cuts might be.


The lease purchase on the roof was taken out when the price of metal increased after voters approved an over $1.2 million bond in December 2007 to add the roofs. That bond will end in 2013.


Jennifer Lindsey
 221-6536
 

The Fox school bond issue fell nine votes short of the needed 60 percent super majority Tuesday.


The bond, which totaled $250,000, would have been used to pay off the lease purchase on the new high school roof.


“We will be paying that out and seeing where that leads us,” superintendent Brent Phelps said.


Out of 205 votes, 114 (55.6 percent) voted yes and 91 (44.4 percent) voted no.


Phelps will present the results to the school board at the next meeting to figure out what to do.
“We will look at financial statements and probably cut back,” Phelps said.


Phelps did not know Tuesday what the cuts might be.


The lease purchase on the roof was taken out when the price of metal increased after voters approved an over $1.2 million bond in December 2007 to add the roofs. That bond will end in 2013.


Jennifer Lindsey
 221-6536
 

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