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Article: Assets divided in split Jordan School District
- Article from:
- Deseret News (Salt Lake City)
- Article date:
- March 19, 2009
- Author:
CopyrightCopyright 2009 Deseret News (Salt Lake City). Provided by ProQuest LLC. (Hide copyright information)
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MIDVALE -- After 14 months of rancor and rhetoric, assets of the
mammoth Jordan School District were split Wednesday based on
geographic assets and student populations.
Arbitrators decided against forcing either half of the split
district to pay the other but left $197 million in bonded debt in
place. Taxpayers in the newly formed Canyons School District will
pay 58 percent of that debt while taxpayers in the remaining Jordan
School District, on the west side, will be responsible for 42
percent. The percentages were based on the tax base of the
respective areas.
The school districts held separate press conferences Wednesday to
respond to the decision.
At Monte Vista Elementary School in ...