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Dixon Unified School District bond proposition, Measure D (November 2010)
Measure D asked voters to allow the school district to borrow $32 million. The $32 million in borrowed money would have been spent to "acquire, construct, repair, and improve classrooms and support facilities, including career technical and vocational facilities, increase student access to modern technology, provide utility and energy efficiency improvements, and purchase leased facilities."
The tax limit on Dixon Unified's bonds is $60 per $100,000 assessed valuation. Residents are paying $50 per $100,000 of assessed valuation already because of 2002's Measure J, which was used to build Dixon High School. Dixon USD may only issue bonds so that the tax limit of $60 is not exceeded by the repayment terms it enters into.[1]
Election results
These election results are from the Solano County elections division as of November 27, 2010.
A 55% supermajority vote was required for Measure D to pass.
Text of measure
The question on the ballot:
| Measure D: To acquire, construct, repair, and improve classrooms and support facilities, including career technical and vocational facilities, increase student access to modern technology, provide utility and energy efficiency improvements, and purchase leased facilities to reduce operating costs and put more money in the classroom, shall the Dixon Unified School District be authorized to issue up to $32,000,000 in bonds at legal interest rates, with an independent Citizens' Oversight Committee, annual audits, and no projected increase in overall tax rates? |
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