Higley School Voters to Consider $95M Bond

Credit: Higley Unified School District

Voters in the Higley Unified School District will be presented with a $95M bond for building renovations, buses and buying out a lease agreement.

According to voter materials, a home with an assessed value of $250K would see an annual property tax increase of $163/year. With interest, the bond would cost $137M at payoff.

Voters last approved a measure for HUSD, continuing a 15% override, in 2019.

The largest expenditure under the proposed bond would be $32M (33.7%) to retire a 2012 lease agreement under which the district leased two buildings for 40 years at a cost of almost $160M, nearly three times what a direct purchase would have cost. Those buildings now house the Cooley and Sossaman campuses.

The next largest expenditure would be $27M for classroom space, upgrading and remodeling buildings and adding specialty building spaces.

Ballots go out October 6th for the all mail-in November 2nd election. (Source)

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