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Miami-Dade School District Bond Measure (November 2012)
This measure sought to issue a bond in the amount of $1.2 billion which would go towards constructing upgrades to current school facilities and upgrading technology. The bond would be repaid through a current property tax that has been paying a previous bond, the tax would be extended for the life of this new bond if it is approved. Proponents for the bond stated that the schools have a fair amount of issues which need to be addressed to ensure student safety. The schools also had to get approval from the state Department of Education on their list of items which would be fixed or upgraded with the bond money.[1]
Election results
| County Measure 1 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 508,437 | 68.74% | ||
| No | 231,268 | 31.26% | ||
Election results from Miami-Dade County, Unofficial Election Results Summary
Text of measure
Language on the ballot:
| “ | Shall the School District of Miami-Dade County fund a plan for modernization and construction of public school facilities throughout the district, including educational technology upgrades, by issuing general obligation bonds in an aggregate amount not exceeding $1,200,000,000, in one or more series, bearing interest at market rates, maturing within thirty years, and secured by the full faith and credit and ad-valorem taxing power of the district?
FOR BONDS AGAINST BONDS[2] |
” |
Additional reading
References
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