Voters to Consider $62M Bond Issue to Repair Joplin Schools
JOPLIN, Mo. — The Joplin school system’s $62 million bond issue to repair the 10 public schools damaged or destroyed by a tornado in May 2011 will be voted on April 3.
The Joplin schools are expected to receive nearly $86 million in insurance, and another $35.4 million from FEMA or its state counterpart, the Associated Press reports. Another $1.7 million in donations have been set aside for rebuilding, but there is still a sizable gap in funding.
The bond issue would increase the annual school district property tax on a $100,000 home by $65. The bond issue must pass with slightly more than 57% of the vote.
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