School board considers debt proposal rejected by Council

It’s already been informally rejected by municipal officials, but the Oak Ridge school board will still consider a proposal that would allow them to keep more money collected from county sales taxes—and require the city to come up with extra cash to pay for the renovation of the high school.

The proposal, which the Oak Ridge Board of Education will consider tonight, would allow the schools to keep a portion of more than $700,000 in revenues generated by a 2006 increase in the Anderson County sales tax rate. Until recently, all the money had been used to help pay down the debt on the $66 million renovation of the Oak Ridge High School.

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