Tolar school bond tax less than anticipated

February 28, 2013

The Tolar school district recently sold construction bonds and will be getting funding later this month for an elementary school on the old football field. With increased wealth of the district and competitive rates on bonds, the tax rate will be about 4 cents less than anticipated, Tolar School Superintendent Bruce Gibbs said. Dirt is expected to be moved in June with completion about a year later for the beginning of the 2014-15 school year, he said. Voters approved the bond issue in November.

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