Columbia Public Schools to seek $50 million bond issue

Oct 9, 2013

Credit Katie Link / KBIA

Leaders of the Columbia public school district plan to seek another $50 million bond issue in April, followed by new $40 million bond proposals every two years until 2020.

The Columbia Daily Tribune reports the $50 million bond issue on the April ballot will require a 4-cent tax increase. The subsequent $40 million bonds in 2016, 2018 and 2020 would require no tax increase.

The 2014 bond issue would fund construction of an elementary school, and several other additions or improvements. The district anticipates its enrollment will reach nearly 18,500 students by the 2017-18 school year. Current enrollment is just over 17,000, with several facilities already at or over capacity.