REVENUE BONDS: DMPS To Improve Facilities


The Des Moines School District is taking a $70-million loan in order to make improvements to facilities.

The school board recently approved the first step in selling $70-million in sales tax revenue bonds.

The bonds will be paid off using the one-cent local option sales tax.

In 2013 Des Moines will collect $27-million from the tax.

Planned improvements include new buildings, new windows, electrical upgrades, and security measures.

Construction will begin next year.

Filed in: News


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