Rising interest rates will cost Marion County schools $38M on new Dunnellon campuses

DUNNELLON, Fla. – Marion County school officials are moving forward with a roughly $150 million project to build a combined grade 6-12 campus in Dunnellon, but rising interest rates mean taxpayers will foot nearly $38 million of that just in interest alone.

The new campus, planned for the land behind Dunnellon High School, would bring together students from Dunnellon Middle and Dunnellon High School, nearly 1,700 students total, making it the first 6-12 school in the Marion County School District.

What the project will cost

Deputy Superintendent Ben Whitehouse confirmed the scope of the price tag.

“We’re anticipating it’s about a $150 million project,” Whitehouse said…

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