Residents of Boling recently gathered to learn about a $40.5 million bond aimed at replacing the outdated Newgulf Elementary School. This bond, the first since 1972, is a response to tax rate reductions over the years, which have affected school funding. If passed, the bond would increase the tax rate. However, seniors with homestead exemptions won’t see their taxes go up. Voting begins April 22 and ends on May 4.