Posted: Jul 9, 2013 7:45 AM by AP (Photo courtesy MGN Online)
Central School Superintendent Michael Faulk says he is scaling back a series of spending proposals he outlined earlier this year.
Faulk is proposing selling $13.1 million in construction bonds, with about $8.1 million dedicated to Central High School. That includes an estimated $5.8 million for a new ninth-grade academy on campus.
To finance the bonds, Faulk is suggesting preserving 23.65 mills in property tax Central residents pay for capital improvements. That's about $3 million less in bonds than Faulk had suggested selling when he first pitched his spending plans back in April.
Faulk laid out his ideas to the school board on Monday and is asking the board to vote on July 22.