Voters in Elba, by a 95-22 margin, approved a $14.8 million capital improvement project on Thursday.
The proposition read:
Authorize the Board of Education of the Elba Central School District be authorized to undertake certain capital improvements consisting of construction and reconstruction of the K-12 Main Campus school building and facilities, site improvements and the acquisition of certain original furnishings, equipment, and apparatus and other incidental improvements required in connection therewith for such construction and school use, all at an estimated maximum aggregate cost of $14,875,000; and to appropriate and expend from the existing capital reserve fund $900,000 for such costs, and that the balance of such cost, or so much thereof as may be necessary, shall be raised by the levy of a tax to be collected in annual installments, with such tax to be offset by state aid available therefor; and, in anticipation of such tax, debt obligations of the school district as may be necessary not to exceed $13,975,000 shall be issued.
