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Salem School District Bond Issue Question (April 2013)

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A Salem School District Bond Issue question was approved on the April 2, 2013 election ballot in Randolph County, which is in Missouri.

This measure authorized the Salem School District to increase its debt by $4.5 million through issuing general obligation bonds in that amount in order to fund certain district improvements as outlined below in the text of the question. This measure would result in an increase of the estimated debt service property tax levy from $0.00 to $0.45 per $100 of assessed valuation.

This measure requires a 4/7ths (57.1%) majority approval rate to pass.[1]

Election results

All precincts:

Salem School Bond
ResultVotesPercentage
Approveda Yes 773 65%
No41635%
These election results are from the KY3 Election Results Reporting.

Text of measure

Text of the question:

Shall Board of Education of the Salem R-80 School District of Dent County, Missouri borrow money in the amount of Four Million Five Hundred Thousand Dollars ($4,500,000) for the purpose of providing funds to complete safety and security system upgrades, roof repairs and replacement; to make interior improvements, restroom renovations, locker expansion, energy efficiency upgrades including heating, ventilation, air conditioning, lighting, electrical systems and other energy, renovation and repair improvements to the existing facilities of the District; to renovate the Senior High School cafeteria; complete library expansion upgrades at the Senior and Junior High Schools; to complete the site development, construction, equipping and furnishing of additional classrooms, commons and support areas at the Senior High School and new cafeteria, commons and support areas at the Junior High School; and issue bonds for the payment thereof resulting in an estimated increase to the debt service property tax levy of $0.45 per one hundred dollars of assessed valuation? If this proposition is approved, the adjusted debt service levy of the School District is estimated to increase from $0.00 to $0.45 per one hundred dollars of assessed valuation of real and personal property.[1][2]

See also

External links

References

  1. 1.0 1.1 Randolph County April 2, 2013 Election School Issues List
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.