"The Indianapolis Public School Board approved a budget Thursday that will raise taxes as the district begins to pay off its debt from recent renovation and rebuilding projects.
IPS has finished a large part of the $832 million project, which was approved in 2001 and includes air conditioning in all schools, renovations to older schools and new buildings in some neighborhoods.
District officials are preparing to issue bonds to pay for the third and final phase."
Friday, September 1, 2006
IPS OKs budget with tax increases | IndyStar.com
IPS OKs budget with tax increases | IndyStar.com:
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