Voters in the Hillsboro School District will be asked to increase the school district’s debt limit in 2023.
Members of the Hillsboro School Board on Thursday agreed to call a special election next year seeking approval to bump the school’s debt limit on taxable property from 5 percent to 10 percent.
Superintendent Paula Suda told board members in a Zoom call that the increase, if approved, wouldn’t result in a tax increase for property and land owners in the school district.
However, raising the debt limit would be a hurdle that needs to be cleared before voters could determine whether they support a bond referendum to build a new high school in Hillsboro, she said.
“Although we’re not in a position to (seek) a bond referendum at this time, this would allow us to increase our debt,” Suda said. “This isn’t actual money and there’s no actual project.
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