Clinton voters approve $25M in borrowing for schools
Sep. 12, 2018
CLINTON, Miss. (AP) — Some central Mississippi residents have voted for a school district to borrow $25 million.
Clinton School District spokeswoman Sandy Beason says a bond issue received about 90 percent support in Tuesday's election. State law requires at least 60 percent approval on a bond referendum.
The borrowing will finance a new career complex at Clinton High School. The funds will also help renovate the current complex at Clinton Junior High School and expand elementary schools.
District officials say borrowing may be repaid without raising property taxes, partially because of a new tire plant that Continental AG is building in the school district. The plant's first phase is set to open in late 2019.
Voters in at least 21 Mississippi school districts have approved borrowing since 2013.