KETR Local
10:47 am
Mon March 12, 2007

Another school bond election

Clarksville – The Clarksville ISD has approved a $12 million bond election for a new elementary school and renovation of existing facilities. The new facility would house Pre-K through 5th grade.

The district's tax rate is set to fall 29 cents due to state mandated tax compression. If voters pass the issue, it would mean an additional 28.5 cents. The net result being a half-cent tax decrease for Clarksville taxpayers.

The current elementary was built in 1947, and recommended for replacement in 2003.

Clarksville joins many districts using state mandated tax cuts to consider bond issues. Some other area districts also holding bond elections in May; Commerce, Caddo Mills, Emory-Rains, Paris, and Canton.