Addison School District Bond Measure (May 2010)
This measure was approved
- YES 841 (51%)
- NO 806 (49%)
This measure sought to create a bond in the amount of $19,990,000 in order to help with furnishing, remodeling and equipping schools with updated technology in the district. This measure would have also been supported by $15 million in loans from the American Recovery Act which would have helped supplement the school district's needs. The remaining bond request would have been normal bonds taken out by the school district. Proponents noted that the buildings have had little or no renovations since the 1970s and saw this as a must for the schools to remain in operation and for students to get their education. Average homes in the school district will see an increase of around $145 a year in property taxes. School officials also noted that taking the bonds and loans out now would save the school district more money due to low interest payments available now to the schools.