Finneytown Local School District Bond Issue (November 2012)

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A Finneytown Local School District bond issue was on the November 6, 2012 election ballot in Hamilton County, Ohio, where it was approved.[1]

This measure issued bonds for 4.7 million to be repaid over 15 years for new construction, improvements, and renovations. This measure commences in 2012 to be first due in 2013.

Election results

Finnetown LSD
ResultVotesPercentage
Approveda Yes 3,531 56.08%
No2,76543.92%

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

Text of the Measure

Language on the ballot:

Shall bonds be issued by the Finneytown Local School District for the purpose of NEW CONSTRUCTION, IMPROVEMENTS, RENOVATIONS AND ADDITIONS TO SCHOOL FACILITIES AND PROVIDING EQUIPMENT, FURNISHINGS AND SITE IMPROVEMENTS THEREFOR in the principal amount of $4,700,000 to be repaid annually over a maximum period of fifteen (15) years, and an annual levy of property taxes be made outside the ten-mill limitation, estimated by the county auditor to average over the repayment period of the bond issue one and ninetyeight hundredths (1.98) mills for each one dollar of tax valuation, which amounts to nineteen and eight-tenths cents ($0.198)

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?[1][2]

See also

References

  1. 1.0 1.1 Hamilton County Board of Elections, "Official Hamilton County Candidates and Issues List General Election November 6, 2012," accessed October 24, 2012
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

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