3 things to know about Northeastern getting new schools, Clark County’s biggest election issue

The sign in front of Northridge School reads “Thank You!” Wednesday monring for all the voters who approved the Northeastern Schools Levy. Bill Lackey/Staff

The sign in front of Northridge School reads “Thank You!” Wednesday monring for all the voters who approved the Northeastern Schools Levy. Bill Lackey/Staff

Northeastern voters approved a bond issue Tuesday night that will allow the district to build new schools.

Here are three things to know about the bond issue and the election.

MORE: FULL SPRINGFIELD NEWS-SUN ELECTION RESULTS

1. The cost of the project

The district asked voters to approve a 37-year, $79 million bond issue that would build two pre-K-through-12th-grade buildings in the district. One building would be constructed on the Kenton Ridge side of the district, and the other would be built on the Northeastern side.

The state will contribute about $40 million to the project, bringing the total cost to $119 million. Passage of the bond will cost the owner of a $100,000 home about $295 a year.

RELATED: Northeastern going back on the ballot in May for $119M schools

2. Margin of victory

The bond issue passed by a margin of 56 percent to 44 percent, according to totals with 100 percent of precincts reporting.

EXTRA: Springfield city schools treasurer to leave district

3. Voters rejected a similar bond issue before

It wasn’t too long ago Northeastern voters rejected a similar bond issue.

Voters in November said no to virtually the same bond issue. This time around the school asked for $2 million in additional funds to cover increased construction costs and a storm shelter.

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