State aid for the bond
There is state aid available for educational bonds such as the one proposed in Eudora. This type of aid is approved by the Kansas legislature and has been in effect since 1992. This aid was used to help build both the current Eudora Middle School and Eudora High School. In fact, Eudora was the first community to take advantage of this funding when the bond was passed to pay for the current middle school in 1992.
The funding program continues to be active and current at this time. Kansas Deputy Commissioner of Education Dale Dennis provided this information directly to the district on Oct. 22, 2007:
"The
bond and interest state aid for USD 491 for the 2007-08 is 38
percent. This percentage is computed based upon the assessed
valuation per pupil. ... This issue is outlined in
KSA 75-2319 et seq."
The KSDE finance office may be reached at 785-296-3872 if further
documentation is desired.
