❓ Who determined that there should be a bond issue, the specific items to be included and the amount?

On Tuesday, May 10, the Board of Education of the City of St. Louis approved a resolution to place a $160 million, no tax increase bond issue, Proposition S, on the August 2, 2022 election ballot. Funds will support facilities acquisition, construction, improvements, renovations, and upgrades across all 60 District schools and six facilities.

If passed, PROP S would generate an estimated $160 million that will be applied to renovations and repairs in District schools and facilities.

If passed there would be no increase to the debt service tax rate, currently at $0.6211 per $100 assessed valuation of real and personal property.