Jackson residents strongly approve $65M in school borrowing

Published 1:25 pm Wednesday, August 8, 2018

JACKSON, Miss. (AP) — Residents in Mississippi’s capital city are overwhelmingly approving a $65 million bond referendum that supporters say will provide funds to make repairs to the Jackson school district’s aging facilities.

More than 85 percent of voters on Tuesday favored the borrowing, easily clearing the 60 percent threshold required in bond votes.

Voters reauthorized 5 mills in property taxes for additional capital improvements that would have otherwise expired. That’s $50 for every $100,000 in assessed values. The school district, Mississippi’s second largest, has the state’s highest property tax rate.

Email newsletter signup

Sign up for The Vicksburg Post's free newsletters

Check which newsletters you would like to receive
  • Vicksburg News: Sent daily at 5 am
  • Vicksburg Sports: Sent daily at 10 am
  • Vicksburg Living: Sent on 15th of each month

District officials say they plan to use some of the money to fix disrepair cited by the state when it sought to take over the district in 2017. Such repairs could help the district improve its state accreditation status.