"Shall bonds be issued by the Mt. Healthy City School District, County of Hamilton,
Ohio, to pay the local share of school construction under the State of Ohio Classroom
Facilities Assistance Program, together with, as applicable, new construction, renovations
and other improvements to school facilities, equipment, furnishings, site improvements
and all necessary appurtenances in the principal amount of thirty three million dollars
($33,000,000) 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 sixtenths
(5.6) mills for each one dollar of tax valuation, which amounts to fifty-six cents
($0.56) for each one hundred dollars of tax valuation, commencing in 2007, first due in
calendar year 2008, to pay the annual debt charges on the bonds, and to pay debt charges
on any notes issued in anticipation of those bonds?"
and
Shall an additional levy of taxes be made for a period of twenty-three (23) years,
commencing in 2007, first due in calendar year 2008, to benefit the Mt. Healthy City
School District, County of Hamilton, Ohio, the proceeds of which shall be used to pay the
cost of maintaining the classroom facilities included in the project at the rate of one-half
(0.50) mill for each one dollar of valuation?
FOR BOND ISSUE & TAX LEVY
AGAINST BOND ISSUE & TAX LEVY
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