Rapid City Bond With Tom Johnson
In The Moment ... February 20, 2020 Show 757 Hour 1
Voters in Rapid City have another major decision to make about the future, this time about the future of education and public schools. On February 25 voters will have the chance to weigh in about what to do about crowded classrooms, aging facilities, and modern safety and security concerns.
It's a $190 million bond proposal that plans for three new elementary schools and large-scale facility improvements throughout the district. If voters approve the measure (they need 60 percent of voters to say "yes") property owners will see a tax increase of 85 cents for every $1,000 of valuation. That means if you have a home worth $100,000, your taxes will increase by about seven dollars per month. A $250,000 home will see an increase of about $17 per month.
The debate over the school bond has been intense. Today we talk about how a community envisions its future, balancing growth and innovation with fiscal responsibility and accountability. Tom Johnson is CEO/president of Elevate Rapid City.