Missouri School District Bond Limit, Amendment 2 (August 1996)

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The Missouri Voter Approval on School Bonds Amendment, also known as Amendment 2, was on the August 6, 1996 ballot in Missouri as a legislatively-referred constitutional amendment, where it was defeated. The measure would have allowed school districts to increase the amount of bonded indebtedness to from 10% to 15% of the value of the property located in the district, with voter approval.[1][2]

Aftermath

A similar amendment was approved by voters in 1998.

Election results

Missouri Amendment 2 (August 1996)
ResultVotesPercentage
Defeatedd No377,04554.83%
Yes 310,624 45.17%

Election results via: University of Missouri Institute for Public Policy

Text of measure

The question on the ballot appeared as:[2]

School districts with voter approval, may incur bonded indebtedness up to fifteen percent of the value of property located in district rather than current level of ten percent. Fiscal impacts due to this proposal would depend upon actions of school boards and voter in school districts. [3]

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