The Vicksburg Warren School District has issued $35 million dollars in bonds from the $83 million bond referendum that voters passed in March and George said he “anticipates in the next year or two, the school district will issue the remaining $48 million in bonds.”

He said taxpayers should expect a 3.79 mil increase for 2019, which means a tax increase of $37.90 on a $100,000 home.

“And we’re looking at another tax increase of 5 mils in a year or two,” George said. “It’s a burden we must bear. We have no choice but to raise taxes.”

George praised the school district for making the decision to upgrade the facilities in the school district saying “it’s as good a time as any to borrow the money,” adding “now it’s time to pay for it.”

“It’s a terribly expensive project, but will be long-lasting and a must if we are to see economic growth and prosperity in our community,” George said. “Unfortunately, prosperity is not cheap and it’s not pleasant to tell you of a nancial burden. But education rules the roost and should.

“We must educate our youngsters of a better way of life or be prepared to bear the burden of incarceration.”

Another bond issue

George said the board of supervisors will be closing on the sale of 147 acres for a proposed new 350-bed county jail facility on U.S. Highway 80 in the “next few days,” adding the county has the money to pay for the purchase of the land.

However, it will also require the board of supervisors to seek a bond issue to construct the new facility.

“Sometime in 2020 or 2021, you will be looking at a bond issue from the Warren County Board of Supervisors in the range of $18-20 million,” George said.

For several years, the county has been looking at building a new jail facility to house city and county inmates to replace the current 100-year-old jail.