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Kansas school district, cities run into bond troubles in face of property tax bill

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Plans for a south-central Kansas school district and two cities to issue bonds have been delayed after the Legislature passed a bill limiting the ability of local governments to raise new property tax revenue.

Officials from the cities of Mulvane and Valley Center as well as the Mulvane School District said they were forced to call off bond sales after lawmakers passed a bill giving voters the power to veto a budget if it spends over 3% more than they did the year before.

The legislation sets up . . .

SSJ

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