Mattawan School District Bond Measure (May 2011)

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A Mattawan School District Bond Measure was on the May 3, 2011 ballot in the Mattawan school district area which is in Van Buren County.

This measure was ultimately defeated overall.
Kalamazoo

  • YES 1,081 Approveda
  • NO 1,047[1]

Van Buren

  • YES 1,691
  • NO 2,094 Defeatedd[2]

This measure sought to issue a bond in the amount of $88 million in order to help pay for equipping and furinishing new middle school buildings, make additions to the high school, updating technology at the schools as well as improving facility sites including athletic fields.[3]

Text of measure

The question on the ballot:

Shall Mattawan Consolidated School, Van Buren and Kalamazoo Counties, Michiganm, borrow the sum on not to exceed Eighty-Eight Million Dollars ($88,00,000) and issue its general obligation unlimited tax bonds therefore, for the purpose of: erecting, furnishing and equipping two new elementary buuildings and a new maintenance facility; erecting, furnishing and equipping additions to the high school and middle school; partially remodeling, refurnishing and re-equipping schoiol district buildings; acquiring and installing educational technology improvements and developing and improving athletic fields and facilities, play fields, playgrounds and sites? The following is for informational purposes only: the estimated millage that will be levied for the proposed bonds in 2011, under current law, is 3.88 mills ($3.88 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, is thirty (30) years. the estimated simple average annual millage anticipated to be required to retire this bond debt is 6.41 mills ($6.41 on each $1,000 of taxable valuation). If the school district borrows from the State to pay debt service on the bonds, the school district may be required to continue to levy mills beyond the terms of the bonds to repay the State. (Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)[4][5]

References