A revision in the way Kansas calculates aid for school district projects could help lower property taxes for residents across the state — and could have profound effects on Newton Unified School District 373.
The Senate unanimously signed off on legislation last week to provide additional support for bonds issued to fund facility improvements. The formula changes would apply to future bond projects, as well as those issued in the past five years.
The proposed changes, including a major change to Fort Leavenworth, could mean dramatic savings for bonds issued in Newton USD 373, which has seen two failed bond elections — and three bond questions overall — in less than five years.
(Read more: Newton Kansan)
