RAPID CITY (AP) – Rapid City school officials are considering a $250 million bond issue that would raise property taxes to fund a massive overhaul of the district's facilities.
A task force is proposing that the district builds five new schools and closes three others. The group of administrators, school board members and residents formed last year to address the district's aging infrastructure and growing student population.
The Rapid City Journal reports that officials estimate the bond to finance the plan would mean an owner of a $100,000 home could pay roughly $240 more in property taxes.
Superintendent Lori Simon says the city must address its deteriorating schools because "doing nothing is not an option."
The task force will likely present a final recommendation to the school board in June. If approved, residents could vote on the issue by referendum.