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Lincoln County School District Bond Measure (April 2012)

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A Lincoln County School District Bond Measure was on the April 3, 2012 ballot in the Lincoln county R-III school district area which is in Lincoln County.

This measure was approved

  • YES 2,035 (70.34%)Approveda
  • NO 858 (29.66%)[1]

This measure sought to issue a bond in the amount of $3 million, but would not increase property tax in the district. The money from the bond will be used to relocate the Early Childhood Education Center to a piece of property on South Main Street and recapture Claude Brown as an elementary school. The goal will be to help these schools address expected increases in student population for the future growth of the schools.[2]

Text of measure

The question on the ballot:

Shall the Board of Education of the Reorganized School District R-III of Lincoln County, Missouri, without an estimated increase in the current debt service property tax levy, borrow money in an amount of Three Million Dollars ($3,000,000) for the purpose of providing funds for the site development, construction, equipping and furnishing of the new Early Childhood Education Center; to complete renovation, repair and replacement improvements to the Claude Brown Building including heating, ventilation, air conditioning, water and sewer systems; to the extent funds are available, complete other remodeling and repair improvements to the existing facilities of the District; and issue bonds for the payment thereof? (If this proposition is approved, the adjusted debt service levy of the School District is estimated to remain unchanged at $1.11 per one hundred dollars of assessed valuation of real and personal property.)[3][4]

References