School board approves bonds for building upgrades, parking
More parking at two schools and air quality improvements at the high school are part of a facility improvement package moving forward in Little Falls Community Schools. The Little Falls School Board on Monday approved a resolution authorizing up to $23.265 million in general obligation bonds. The financing would cover air quality upgrades, roofing, high school remodeling and parking improvements at Little Falls Community High School and Lincoln Elementary School. For the owner of a $225,000 home, district officials estimated the package would mean about $150 more in annual property taxes. The increase would come in two steps: roughly $110 in taxes payable in 2027 and another $40 in 2028. “If you take it all together, the estimated tax impact is $150 on a $225,000 home,” said Michael Hart, who presented the financing plan to the board. The resolution sets a maximum interest rate of 6%. Before approving the financing, the board held a public hearing on a nine-year property tax abatement for the parking projects. No one offered comments or questions. Plans call for 86 additional parking stalls at the high school and 26 at Lincoln. At the high school, the work would reduce parallel parking along the south
