Difference between revisions of "Bloomfield Hills School District Bond Measure (May 2012)"

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[[Category:Michigan 2012 local ballot measures]]
[[Category:Michigan 2012 local ballot measures]]
[[Category:School bond, Michigan, 2012]]
[[Category:Local school bonds, Michigan, 2012]]

Revision as of 20:46, 15 October 2012

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A Bloomfield Hills School District Bond Measure was on the May 8, 2012 ballot in the Bloomfield Hills school district area which is in Oakland County.

This measure was approved

  • YES 7,817 (61%)Approveda
  • NO 4,998 (39%)[1]

This measure sought to issue a bond in the amount of $59 million in order to consolidate the schools in the district, expand one of the high school facilities and make general renovations throughout the district as needed. This was the third time the district had asked for bonds to consolidate and renovate the district in the past 10 years. If the bond does had not gotten approved, district officials noted that they would still consolidate the schools but a new facility would not be possible to house all the students. Since the bond was approved, officials noted that the local property tax will actually decrease as the school's sinking fund will go down as will a previous bond repayment.[2]

School officials hope that because this bond is less money than the previous bonds it would get the support of residents. If the bond is approved, because it is less than the previously approved measure, the district levy would be reduced to 2 mills for the life of the bond.[3]

Additional reading