Shall bonds be issued by the Reading Community City School District, County of Hamilton, Ohio, for the
purpose of NEW CONSTRUCTION, IMPROVEMENTS, RENOVATIONS AND ADDITIONS TO SCHOOL
FACILITIES AND PROVIDING EQUIPMENT, FURNISHINGS AND SITE IMPROVEMENTS THEREFOR
in the principal amount of Sixteen Million Seven Hundred Thousand Dollars ($16,700,000), to be repaid
annually over a maximum period of twenty-nine (29) 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 four and ninety-six hundredths (4.96) mills for each one dollar of tax valuation, which amounts to fortynine
and six-tenths cents ($0.496) 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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