Economics: JCHS Way Forward Key Facts

Activities related to high schools remain one of the large draws to a community and with a new high school complex, JCHS would have the ability to host more events and invite a larger number of participants and patrons to the community. Hosting more events like state-level athletics would bring with it additional economic impacts to include hotel stays and restaurant revenue. Junction City is located conveniently along I-70 which makes it ideal for youth events and a new facility would add additional opportunities for the Geary County community.

New construction of a high school would also bring jobs to local trades as well as additional sales to local businesses outside of the construction industry. Construction costs are on the rise (rising 4-5% annually) and currently, interest rates for borrowing money is at a 20-year low, making now a cost-effective time to pursue a large-scale building project like the proposed new high school. Once completed, a new high school could again bring competitions, weekend tournaments, and activities. All of which could increase the use of local hotels, restaurants, and shopping centers.

With the proposed funding formula for this project, the aforementioned benefits would be afforded to the community at no additional mill levy. All of these benefits could increase the use of local hotels, restaurants, and shopping centers. If the bond is passed on November 7th, a nine-month design phase would begin and the school would be slated for completion in 2020.

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