Difference between revisions of "Lakeville School District Bond Measures, 2 (February 2012)"

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{{template:school bonds and taxes}}Two '''Lakeville School District Bond Measures''' will be on the [[February 28, 2012 ballot measures in Michigan|February 28, 2012]] ballot in the Lakeville school district area which is in [[Genesee County, Michigan ballot measures|Genesee County]].
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{{template:school bonds and taxes}}Two '''Lakeville School District Bond Measures''' were on the [[February 28, 2012 ballot measures in Michigan|February 28, 2012]] ballot in the Lakeville school district area which is in [[Genesee County, Michigan ballot measures|Genesee County]].
  
The first measure seeks to issue a bond in the amount of $7.5 million in order to pay for remodeling, equipping, updating security and renovate athletic fields in the district.
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Both measures were '''defeated'''
  
The second measure seeks to issue a bond in the amount of $4.1 million in order to pay for a new auditorium and remodel the site at the district high school.<ref>[https://treas-secure.state.mi.us/apps/findschoolbondelectinfo.asp?countyname=All&SelectYear=2012&electionresult=All&sortorder=ByElectionDate&Submit1=%A0Go%A0 ''Michigan Department of the Treasury'', School bond list]</ref>
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The first measure sought to issue a bond in the amount of $7.5 million in order to pay for remodeling, equipping, updating security and renovate athletic fields in the district.
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* '''YES''' 1,282 (46.74%)
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* '''NO''' 1,461 (53.26%){{defeated}}
  
If these measures are approved, the school district would also receive a loan from the state at a rate of $5 million which would help pay for the construction costs. A levy of 1.55 mills would be added to pay off both bonds. A similar measure was also proposed in May but was defeated, the previous question was just one total bond where as now the two projects have been separated into two issues. School officials hope that the lower rate will encourage residents to vote in favor of these measures.<ref>[http://www.mlive.com/news/flint/index.ssf/2011/12/lakeville_school_board_gives_f.html ''The Flint Journal'', "LakeVille school board gives final approval to ballot proposal," December 14, 2011]</ref>
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The second measure sought to issue a bond in the amount of $4.1 million in order to pay for a new auditorium and remodel the site at the district high school.<ref>[https://treas-secure.state.mi.us/apps/findschoolbondelectinfo.asp?countyname=All&SelectYear=2012&electionresult=All&sortorder=ByElectionDate&Submit1=%A0Go%A0 ''Michigan Department of the Treasury'', School bond list]</ref>
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* '''YES''' 1,028 (37.72%)
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* '''NO''' 1,697 (62.28%){{defeated}}<ref>[http://www.co.genesee.mi.us/clerk/images/Election%20results/CurrentElecResults/elecdata/summary.htm ''Genesee County Clerk'', February Election Results]</ref>
  
School officials also hope that by splitting the bond into two parts would at least allow for one of the projects to get approved if not both.<ref>[http://www.mlive.com/news/flint/index.ssf/2012/02/lakeville_school_district_to_h.html ''Flint Journal'', "Lakeville School District to hold bond issue vote Feb. 28," February 23, 2012]</ref>
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If these measures had been approved, the school district would have also received a loan from the state at a rate of $5 million which would have helped pay for the construction costs. A levy of 1.55 mills would also have been added to pay off both bonds. A similar measure was also proposed in May but was defeated, the previous question was just one total bond where as now the two projects have been separated into two issues. School officials had hoped that the lower rate would encourage residents to vote in favor of these measures.<ref>[http://www.mlive.com/news/flint/index.ssf/2011/12/lakeville_school_board_gives_f.html ''The Flint Journal'', "LakeVille school board gives final approval to ballot proposal," December 14, 2011]</ref>
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School officials also hoped that by splitting the bond into two parts would at least have allowed for one of the projects to get approved if not both.<ref>[http://www.mlive.com/news/flint/index.ssf/2012/02/lakeville_school_district_to_h.html ''Flint Journal'', "Lakeville School District to hold bond issue vote Feb. 28," February 23, 2012]</ref>
  
 
==References==
 
==References==
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{{Michigan}}
 
{{Michigan}}
 
[[Category:Michigan 2012 local ballot measures]]
 
[[Category:Michigan 2012 local ballot measures]]
[[Category:School bond, Michigan, 2012]]
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[[Category:Local school bonds, Michigan, 2012]]

Revision as of 20:48, 15 October 2012

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Two Lakeville School District Bond Measures were on the February 28, 2012 ballot in the Lakeville school district area which is in Genesee County.

Both measures were defeated

The first measure sought to issue a bond in the amount of $7.5 million in order to pay for remodeling, equipping, updating security and renovate athletic fields in the district.

  • YES 1,282 (46.74%)
  • NO 1,461 (53.26%)Defeatedd

The second measure sought to issue a bond in the amount of $4.1 million in order to pay for a new auditorium and remodel the site at the district high school.[1]

  • YES 1,028 (37.72%)
  • NO 1,697 (62.28%)Defeatedd[2]

If these measures had been approved, the school district would have also received a loan from the state at a rate of $5 million which would have helped pay for the construction costs. A levy of 1.55 mills would also have been added to pay off both bonds. A similar measure was also proposed in May but was defeated, the previous question was just one total bond where as now the two projects have been separated into two issues. School officials had hoped that the lower rate would encourage residents to vote in favor of these measures.[3]

School officials also hoped that by splitting the bond into two parts would at least have allowed for one of the projects to get approved if not both.[4]

References