Committee’s task: educate community about referendum
Approval of the referendum would allow for the construction of a high school next to Oak Grove Middle School, which would alleviate overcrowding at Ledford and North Davidson high schools.
Just how that will be accomplished will be decided at a Feb. 26 meeting, said Committee Chairman Max Walser, former Davidson County commissioner and superintendent of schools.
Revenue from the sales tax would generate $2.43 million annually, he said, which would pay off bond indebtedness over a period of time. The school would cost approximately $45 million.
“A quarter-cent sales tax increase would be an additional 25 cents on a $100 purchase,” Walser said in a press release. “Funding this new high school [by sales tax] will free up funds for other educational projects and needs in other schools.”
Construction of the high school has been the topic of conversation since the middle school was built to alleviate overcrowding at Ledford and North Davidson middle schools.
“The advantage is that it distributes the burden of a tax increase, instead of a 3 or 4 percent property tax increase,” Board of Commissioners Chairman Larry Potts said in December. “We’re already paying 7 cents on the dollar [in sales tax]. I would say having the quarter-cent sales tax is the way to get money back into the county.”