Local school district looking to borrow money

Tupelo (Drew Powell, WTVA)
Tupelo (Drew Powell, WTVA)
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Updated: 5/21/2013 7:12 pm
TUPELO, Miss. (WTVA) -- The Lee County School District is in an ideal opportunity to borrow money with payments of a bond issue coming off the tax rolls.

The funds would go toward renovations at Plantersville Elementary, Verona Elementary, and schools across the district.

"With interest rates being as low as they were we can borrow and not raise tax payers taxes for this coming year," said Jimmy Weeks, superintendent of Lee County Schools.

Weeks is optimistic that work can begin as early as 2014 if they are able to secure all the funding that it's going to take to cover the cost of
renovations and repairs.
 
"We want to do some things [like] improve our bathroom facilities, remodel and renovate. We've got some painting that needs to be done and just some roof repairs that need to be done things like that," he said.

The opportunity to borrow money and not raise taxes is a rare occurrence, and that is why the distirct hopes to move forward on this as quickly as possible.

"It's been said this is a perfect opportunity. Never before has this been a possibility and it can possibly never happen again," Weeks stated.

With the help of a Nutrition Integrity Grant, Mooreville Elementary and Guntown Middle Schools, will be getting brand new combination oven steamers to help make the food taste even more delicious.

"Even if it's not fried foods, these ovens will bake foods such as rolls, any type of food that we want to prepare. These ovens will prepare," said Susan Killens, child nutrition director of Lee County Schools.

The Nutrition Integrity Grant is provided by the Mississippi Department of Education.
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