Elbert County School District 200 Bond Measure (November 2011)

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AnElbert County School District 200 Bond Measure was on the November 1, 2011 ballot in the school district 200 area which is in Elbert County.

This measure was defeated

  • YES 306
  • NO 400 Defeatedd[1]

This measure sought to issue a bond in the amount of $3.18 million in order to help pay for a new pre-K though 12th grade school facility in the district as well as pay for furnishing the new facility.[2]

Text of measure

The question on the ballot:

SHALL ELBERT SCHOOL DISTRICT NO. 200 DEBT BE INCREASED $3,184,048, WITH A REPAYMENT COST OF UP TO $5,548,000, AND SHALL DISTRICT TAXES BE INCREASED BY UP TO $280,000 ANNUALLY, TO RESOLVE HEALTH, SAFETY AND SECURITY CONCERNS BY PROVIDING MATCHING MONEYS FOR FINANCIAL ASSISTANCE FROM THE STATE UNDER THE BUILDING EXCELLENT SCHOOLS TODAY (BEST) ACT FOR A NEW SCHOOL (WHICH FINANCIAL ASSISTANCE IS CONTINGENT UPON THE PASSAGE OF THIS BALLOT ISSUE), THROUGH THE CONSTRUCTION OF: • A PRE-KINDERGARTEN THROUGH TWELFTH GRADE REPLACEMENT FACILITY ON THE EXISTING SCHOOL CAMPUS BY THE ISSUANCE AND PAYMENT OF GENERAL OBLIGATION BONDS WHICH SHALL BE USED, TOGETHER WITH $500,000 FROM DISTRICT BUILDING FUNDS WHICH WERE SET ASIDE FOR THAT PURPOSE, AS MATCHING MONEYS FOR FINANCIAL ASSISTANCE FROM THE STATE UNDER THE BUILDING EXCELLENT SCHOOLS TODAY ACT, WHICH DEBT SHALL BEAR INTEREST AND MATURE, BE SUBJECT TO REDEMPTION, WITH OR WITHOUT PREMIUM, AND BE ISSUED TO THE STATE OF COLORADO AT SUCH TIME, AT SUCH PRICE AND IN SUCH MANNER AND CONTAINING SUCH TERMS, NOT INCONSISTENT HEREWITH, AS THE BOARD OF EDUCATION MAY DETERMINE; AND SHALL AD VALOREM PROPERTY TAXES BE LEVIED IN ANY YEAR, WITHOUT LIMITATION AS TO RATE AND IN AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT AND TO FUND ANY RESERVES FOR THE PAYMENT THEREOF?[3]

Current Statewide

A 2013 statewide measure, Amendment 66, would authorize Colorado to increase taxes with an expected revenue increase of $950 million for school funding.[4]

References

  1. Elbert County Home, Unofficial Election Results
  2. Elbert County Elections, November Sample Ballot
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
  4. Colorado Amendment 66