2008 bond issue paying off, under budget

President Obama’s re-election refreshed memories of how his 2008 win had coincided with the passage of the USD 259 bond issue – narrowly and unexpectedly, given the aviation layoffs and other economic shocks hitting the community that fall. Tackling the $370 million in bond projects during the historic downturn has been challenging fiscally and politically, especially when the board decided to close five schools this year while opening new ones built by the bond issue. And tough decisions loom about the nearly 20 projects on hold, including another new high school. But the completed projects of the 2008 bond issue are benefiting students and the community, especially for arts and athletics programs. And it was gratifying to learn last week that with 52 projects completed, the bond issue is $4.1 million under budget. On Monday, board members also approved a $3.5 million bond issue project for Pleasant Valley Elementary School.