Two decades ago, Douglas County voters agreed to pay for two new schools and the expansion of several others.
Back in 1992, the school district was looking at 6 and 7 percent growth in enrollment, not one or two years in a row, but for five.
Passing the bond in 1992 took three visits to the ballot and a plan that moved freshmen to the middle schools in order to cut the cost of expanding the high school.
The school district's growth peaked in 1998 at 7,322 students.
Now, 14 years later, the district has experienced a series of down years leaving enrollment at 6,124 students.
While that's not particularly good news for the district, which is funded based on student population, it should be good news for taxpayers who had to foot the bill for the additional capacity.
Unfortunately, among the things that have happened over the last 20 years is the change in how Nevada collects and distributes property tax.
If the bond had run out in 1988 instead of 2008, taxpayers would have enjoyed a subsequent reduction in their tax bill. But because of changes in Nevada law, whenever a taxing district reduces its levy, some other district can come along and start charging it.
Likewise, the state punishes the most responsible districts by distributing funds from other sources based on a taxing entity's debt load.
Two more reasons we miss the good old days.