by The Jamestown Sun
March 3, 2012 at 12:55 am in The Jamestown Sun
The bond the Jamestown School District took out to pay for the construction of Jamestown High School a decade ago are years ahead of schedule, according to JPS administration.
Tags: bonds, local news, School, taxes 2 Comments »
The cost of the school is being paid for with a city-wide 1 percent sales tax and a 21.4 mill tax levy. Both were approved by voters in March 2002.
I didn’t live in Jamestown in 2002 and am not familiar with the details of the vote. Once JHS is paid off, does the 1% tax and mill levy increase end or does it last until the end of time?
Like or Dislike: 15 2
with all the talk in this article about the different groups lining up to get that tax money after the school is paid off, I’m guessing the tax doesn’t autotmatically end. Too bad there’s no talk at all of reducing the tax burden and letting these taxes go away after the school is paid for.
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