Arthur-Lovington Issues $2.1 Million in Gen. Obligation Bonds
Hatfield’s resignation formally accepted by Ariana Cherry Arthur/Sullivan Reporter The Arthur-Lovington School Board issued $2.1 million in General Obligation Bonds at a 2.962 percent tax rate last Wednesday. The bonds will be used for construction of the new Arthur Junior High addition, asbestos removal at Lovington Grade School, a new roof for Arthur-Lovington High School and other maintenance and repairs as needed for the district. Sales tax revenue will be used to pay back the bonds. Last year, Douglas County passed a 1% sales tax increase which went into effect this past January. The district will start receiving the revenue … Read More
