Camdenton Reorganized School District Bond Issue Question (April 2013)

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A Camdenton Reorganized School District Bond Issue question was approved on the April 2, 2013 election ballot in Camden and Laclede Counties, which are in Missouri.

This measure authorized the Camdenton Reorganized School District to increase its debt by $43 million through issuing general obligation bonds in that amount in order to fund certain district improvements as outlined below in the text of the question.

This measure requires a 4/7ths (57.1%) majority approval rate to pass.[1]

Election results

All precincts:

Camdenton School bond
ResultVotesPercentage
Approveda Yes 2,981 66%
No1,53634%
These election results are from the KY3 Election Results Reporting.

Text of measure

Text of the question:

Shall Camdenton Reorganized School District No. R-3 of Camden County, Missouri, issue its general

obligation bonds in the amount of $43,000,000 for the purpose of constructing a new elementary school at Osage Beach, repairing, renovating and building additions to Hurricane Deck Elementary School and furnishing and equipping said facilities; upgrading safety at existing school facilities; and acquiring buildings, improvements, furnishings and equipment now leased to the District by paying off and retiring outstanding leasehold financing obligations? The authorization of the Bonds will authorize a debt service tax levy in addition to the other taxes provided for by law on all taxable tangible property in the District sufficient to pay the interest and principal of the Bonds as they fall due. The District's debt service tax levy is estimated to increase approximately 11 cents, from $0.20 to $0.31 per one hundred dollars of assessed valuation.[1][2]

See also

External links

References

  1. 1.0 1.1 Campden County April 2, 2013 Election School Issues List
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.