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Smart Voter
Hamilton County, OH March 4, 2008 Election
Issue 14
New School Construction
Reading City School District

Proposed Bond Issue - A majority affirmative vote is necessary for passage

1607 / 46.2% Yes votes ...... 1873 / 53.8% No votes

See Also: Index of all Issues

Information shown below:

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?

  Official Information

Hamilton County Auditor Tax Analysis

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