The Neenah school board will decide Tuesday whether to hold an April 7 referendum to partially fund construction of a new $157 million high school.
The $115 million referendum is part of a $182 million plan for the new high school in the town of Neenah and other district facility improvements. The proposal marks a dramatic shift from a failed referendum earlier this year to replace Shattuck Middle School.
The new plan would be funded by borrowing authorized by the referendum and an additional $47 million in non-referendum borrowing that doesn’t require voter approval. The district also would allocate $20 million from its operating budget over the next four years.
Neenah officials estimate that if the referendum passes, the tax rate — property tax dollars levied per $1,000 of equalized property value — would increase to $7.86. This year’s tax rate was $6.85.