Appearing on Saturday’s ballot will be the option of a school district bond for new construction/expansion for Lometa Independent School District.

The $4.37 million bond allows for construction of a gymnasium, four classrooms, a science lab, a lecture room and a multi-purpose concession stand. The design also includes a circular drive behind the school for student drop-off and pick-up to alleviate traffic congestion at the front of the school.

The project would call for demolition of barracks used as classrooms, and will allow for future expansion.

It has been reported that taxes will increase approximately 28 to 30 cents per $100 valuation, depending upon the payoff plan chosen by the school district if the bond election passes.

If voters pass the bond issue, tax rates will hinge upon the district’s choice to take out a 25-year municipal bond or a 15-year Qualified School Construction Bond, according to the school superintendent. The 25-year bond has a higher interest rate and longer payoff and lower payments. The 15- year bond has lower interest rates and higher payments.

A 28-cent tax hike would translate into a $23-per-month increase, or $280 more per year on a home valued at $100,000. For those 65 or over, tax rates will remain frozen until an ownership transfer, by sale or inheritance.