Glasgow School Board Approves Bond Election

The Glasgow School Board on Aug. 8 approved a bond election for the Glasgow School District which will be held in October.

The bond election will ask Glasgow School District Voters to approve a $8,580,000 bond to pay for facility improvements in the district.

The improvements include replacing the Glasgow High School track and football field with synthetic surfaces and amenities, replacing or repairing sections of the Glasgow High School roof and Glasgow Middle School roof, replacing boilers at the Glasgow High School and if monies are available, improving the traffic area in front of the Irle Elementary School.

The cost of the bond is $8,580,000 and would be paid off in 20 years. The estimated monthly cost to a homeowner with a residence valued at $100,000 would be $4.88. The estimated monthly cost to a homeowner with a residence valued at $200,000 would be $9.75 and the cost for a home valued at $300,000 would be $14.63 per month. The Montana Department of Revenue estimates the median market value of a residence in Valley County to be $95,000.

The election will be administered by the Valley County Election Administrator and will be a mail-ballot election. Ballots will be mailed out on Friday, Sept. 29 and must be returned by Tuesday, Oct. 17.