Words of caution to Kansas school districts planning bond issues: Don’t make Hutchinson’s mistake. As the Hutchinson News editorialized, USD 308′s $78.8 million bond issue, passed in 2006, only factored in a 4 percent inflation rate: “What wasn’t considered, and understandably so, was the volatile market two years later, when many of the projects were put out for bids. As a result, projects are coming in so high over projected costs that the school district will face some tough choices: either sacrifice quality or quantity.”
Follow us
