CNE to ask voters to approve bond issue May 5

The Clermont Northeastern School Board is going back to the voters with a $26.2 million bond issue on Tuesday, May 5. The bond would be for a maximum of 28 years and would cost $163 per year on a home valued at $100,000.

“The bond is going to be less per capita than the last bond issue. It should be $20 to 30 less,” said school board member Mike Freeman.

According to Superintendent Neil Leist, this is the last time the board can ask voters for funding and receive 29 percent of the funding from the state.