REDI backs school tax issues on ballot

Published: Thursday, January 12th 2012 in the The Columbia Daily Tribune

...Regional Economic Development Inc.’s board of directors signaled its support yesterday for Columbia Public Schools’ proposed tax levy increase and bond issue.

After a presentation from school board member Jonathan Sessions, REDI’s board voted unanimously to support a 40-cent tax levy increase and a $50 million bond issue that would likely equate to a 12-cent property tax hike. REDI, made up of area business and government leaders, works to recruit new businesses and expand existing businesses, often crafting packages that include property tax breaks for the companies.

Voters will have their say on the school district’s request April 3, and if the measures pass, an average homeowner would see around a $150 hike in annual property taxes. The 40-cent levy would pay for operating costs, such as salaries, while the bond issue is earmarked for a new elementary school, an early childhood center and additions to existing buildings that would reduce the number of trailers used by the district.
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