GTCC bonds - what do you think?
Bond money for schools? It has its detractors but what about when the school is recognized by economic development officials as a major driver in recruiting new industries?
That's the case GTCC officials are making with their $79.5 million bond request. The bond money will fund new parking, land acquisition, building a campus outside Oak Ridge, renovations at the Jamestown campus and a new classroom building at the Aviation Center to train future employees of Honda Jet, TIMCO and Cessna, among others.
The bond would mean the owner of a $200,000 home would pay an average of $24.83 more in property taxes over the next five years, ranging from a low of $9.26 in extra taxes in FY 2008-09 to a high of $33.94 in 2011-12, less in later years.
Here's how our editorial department weighed in. But what do you think? Are these projects worth the investment? Do you believe you'll see the benefit?
-J. Brian Ewing
Comments (1)
To report abuse of the comment feature on this site, please use the feedback form at the bottom of any page.
Not !
Posted on April 24, 2008 4:31 AM