Tallmadge School District Bond Measure (November 2012)

From Ballotpedia
Jump to: navigation, search
School bonds
& taxes
Portal:School Bond and Tax Elections
Bond elections
2014201320122011
201020092008
All years and states
Property tax elections
2014201320122011
201020092008
All years and states
How voting works
Other
State comparisons
County evaluations
Approval rates
A Tallmadge School District Bond Measure was on the November 6, 2012 ballot in the Tallmadge school district, which is in Portage and Summit Counties, where it was approved.

This measure sought to issue a bond in the amount of $27.5 million in order to help pay for a new elementary school facility. The new larger facility would house children grades K-5. This would be the second phase of a complete school revamp in the district. If the bond measure is approved, state funding would also be available to fund a portion of the project.[1]

Election results

Summit County

Tallmadge School District Bond Question
ResultVotesPercentage
Approveda Yes 5,863 61.21%
No3,71638.79%

Election results from Summit County, Election Results, December 7, 2012

Portage County

Tallmadge School District Bond Question
ResultVotesPercentage
Too close to calltc No9250.27%
Yes 91 49.73%

Election results from Portage County Election Results, December 7, 2012

Text of measures

Language on the ballot:

Shall bonds be issued by the Tallmadge City School District for the purpose of constructing, furnishing and equipping a new elementary school building and clearing and improving its site in the principal amount of $27,500,000, to be repaid annually over a maximum period of 35 years, and an annual levy of property taxes be made outside of the ten-mill limitation, estimated by the county fiscal officer to average over the repayment period of the bond issue 3.51 mills for each one dollar of tax valuation, which amounts to 35.1 cents for each one hundred dollars of tax valuation, commencing in 2012, first due in calendar year 2013, to pay the annual debt charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds?[2][3]


References

  1. Tallmadge Express', "Expect school bond issue on November ballot," July 22, 2012 (dead link)
  2. Summit County Elections, 45 Day Notice of Candidates and Issues
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.