Arizona School District Debt Limit Amendment, Proposition 103 (1974)

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Arizona School District Debt Limit Amendment, also known as Proposition 103, was on the November 5, 1974 election ballot in Arizona as a legislatively-referred constitutional amendment. It was approved.[1]

Proposition 103 established a debt limit of 20% for unified school districts.

Election results

Proposition 103
ResultVotesPercentage
Approveda Yes 256,131 55.1%
No209,02144.9%
These results are from the Arizona elections department 1974 voter pamphlet.

Text of measure

Official title

A CONCURRENT RESOLUTION PROPOSING AN AMENDMENT TO THE CONSTITUTION RELATING TO LOCAL DEBT LIMITS; PROVIDING FOR A DEBT LIMIT OF TWENTY PER CENT FOR UNIFIED SCHOOL DISTRICTS, AND AMENDING ARTICLE 9, CONSTITUTION OF ARIZONA, BY ADDING NEW SECTION 81[1][2]

Descriptive title

An Amendment relating to local debt limits; providing for a debt limit of twenty percent for unified school districts as defined therein; amending Article 9, Arizona Constitution by adding new section 81

If you favor the above law, vote YES; if opposed, vote NO[1][2]

Summary

The summary from the Legislative Council for this measure was:

During the 1973- 74 special legislative session, the Legislature adopted laws which permit the formation of unified school districts ( kindergarten or grade one through grade 12) These laws, however, do not become effective until the people vote to permit a unified school district to become indebted up to 20 percent of the value of the taxable property of the school district Proposition 103 would allow a unified school district to become indebted up to 20 percent of the value of the taxable property of the school district Existing constitutional provisions allow a maximum bonded indebtedness of ten percent for a common school district and ten percent for a high school district.[1][2]

Full text

The full text of the legislation proposed by this proposition is available here.


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Support

Arguments in favor of this measure can be found here.

Opposition

Arguments in opposition to this measure can be found here.

See also

External links

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Suggest a link

References

  1. 1.0 1.1 1.2 1.3 Secretary of State 1974 voter pamphlet, accessed January 3, 2014
  2. 2.0 2.1 2.2 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.