The Burlington School Board has decided to put a $165 million bond issue before voters in November to build a new Burlington High school and Technical Center r.
“This is an incredibly exciting moment,” board chair Clare Wool said. “This has been many years and months in the making, and we’re incredibly grateful and supportive of next steps.”
Earlier this week, district officials told the Burlington Board of Finance that the bond amount — and the $190 million total project cost — were based on including new spaces for the Horizons and OnTOP in the project. The board decided to remove those new spaces, which would save $5 million. However, the final costs do not reflect a cost reduction or a reason why there wasn’t one.
If the November bond issue passes and enrollment remains flat, property taxes would go up by 15.67%. That would amount to $1,088 per year for a $500,000 home.