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Senators reject $300 million in bonds to shore up ailing OPS pension fund

APRIL 5, 2018 | by Henry Cordes | OMAHA WORLD HERALD

By Henry Cordes, includes “Proponents said the bonds could spare cuts in the classroom while also saving district taxpayers millions. But they could not overcome concerns that the bonds could prove a risky investment, would limit the district’s financial flexibility and would not have required voter approval. In the end, an amendment including the plan fell three votes short of the 25 needed to advance, failing 22-17. 'There is a huge risk involved,' said Sen. Mark Kolterman …”
 

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