Shall bonds be issued by the Princeton City School District, Counties of Hamilton, Butler and Warren, Ohio, for
the purpose of NEW CONSTRUCTION, IMPROVEMENTS, RENOVATIONS AND ADDITIONS TO
SCHOOL FACILITIES AND PROVIDING EQUIPMENT, FURNISHINGS, LAND ACQUISITION AND
SITE IMPROVEMENTS THEREFOR in the principal amount of One Hundred Forty One Million Eight
Hundred Sixty Thousand Dollars ($141,860,000), to be repaid annually over a maximum period of twenty-eight
(28) years, and an annual levy of property taxes be made outside the ten-mill limitation, estimated by the county
auditor to average over the repayment period of the bond issue five and thirty-seven hundredths (5.37) mills for
each one dollar of tax valuation, which amounts to fifty-three and seven-tenths cents ($0.537) for each one
hundred dollars of tax valuation, commencing in 2008, first due in calendar year 2009, to pay the annual debt
charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds?
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Official Information
Hamilton County Auditor Tax Analysis
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