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Cost estimates updated for proposed USD 115 bond projects

By Greg Bebermeyer and Heidi Wolfgang

07/19/2021

(KMZA)--The Nemaha Central Board of Education received updated cost estimates for proposed improvements to district schools when they meet last week.

HTK Architects, of Topeka, presented the update to the Board.

Superintendent Darrel Kohlman said the total overall estimated cost increased $8 million to $35.5 million due to the increased cost of building supplies.

Among the proposals is a new “ competition” gym and a theater/auditorium. Most of the proposals are for improvements at the high school, but also include four additional classrooms at the elementary school for the Pre-K program.

Kohlman said the board is considering whether to do the full project or if they want to start prioritizing—lowering the cost by eliminating some of the smaller projects.

The board is looking at a bond issue to finance the proposed improvements, and heard a presentation on financing options for a $35.5 bond issue.

A 25-year bond would require a 15.84 mill levy. For the owner of a $100,000 home, it would mean an additional $182 a year in taxes.

A 30-year bond would require a 13.53 mill levy. For the owner of a $100,000 home, it would mean an additional $156 in taxes.

The board discussed whether to place a bond issue on the November general election ballot or hold a special election.