It's the biggest bond that Longview Independent School District has ever proposed.
$266 million dollars. Here is the breakdown. Under the proposal approved by the board, 11 elementary schools will be consolidated into 7 new campuses. Longview High School will get a new fine arts center. The Career and Technology education building is slated for expansion, as well as Doris McQueen Primary and South Ward Elementary School.
The $266 million dollars for Longview school bond is something board officials say is overdue. "We've already gone 20 years past what we should have done already, so if we wait another 5 years, we're certainly going to be in trouble and that's something that we just cannot afford to do,"said Rev. Homer Roquemore, a co-chairman of the district's board committee.
If approved here is what the bond will cost you. A homeowner with a home valued at $100,000 would see a $318.72 increase in taxes per year over the next 28 years. On the other hand, the new bond will not affect homeowners 65 and older or the disabled because their property tax rate is frozen. Longview ISD says if the board waited five years to present another proposal, statistics show that the cost would increase to $421 million dollars, which is $155 million more than the current bond, and school officials say that's too long to wait. "We really feel like the time is now and it's only going to cost or only going to accelerate more," said Dr. James Wilcox, Longview ISD Superintendent.
Longview voters will make a decision May 10th. Early voting starts April 28th.