Sunday, Jun 26, 2016
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Genoa to seek funds for school, operations

GENOA — The Genoa Area Local Board of Education agreed yesterday to put an 8.2-mill combined issue for operations and a new elementary school on the November ballot.

If voters approve the issue, the owner of a $100,000 house will pay $251 a year, treasurer Mike Weis said.

The 5.2-mill bond issue for the elementary school would raise about $725,000 annually for 28 years. It would cover the $12.2 million cost of the school plus interest. The 3.0-mill operating levy would raise about $420,000 a year.

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