Daily Progress, Jacksonville, TX

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October 3, 2013

Jacksonville ISD officials explain planned bond election

'Bond. JISD Bond.'

(Continued)

JACKSONVILLE —

Meanwhile, the Nichols campus would receive eight new classrooms and a new, larger band hall, while the old band hall would be utilized as classroom and storage space.

Both schools would then be able to sell portable buildings presently being utilized as classroom space, Wardell said.

These projects are part of a district master facilities plan, which will address needs in stages.

If successful, Wardell estimated that construction – from the moment ground is broken on the project to the turn-key phase – would take about one year.

Addressing a point raised by an audience member about bond interest rates, Wardell said the district has predicted “all of this on five percent. But they're actually set up for like 4.3, 4.4, 4.5 percent, so we're hoping for that.”

Local property owners will see their taxes increase by just over $5 per month for an increase of $61.96 per year increase of taxes on the average home in Jacksonville.

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