Bayfield School District Bond Question (November 2012)
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A Bayfield School District Bond question was on the November 6, 2012 election ballot in Archuleta and La Plata Counties, which are in Colorado, where it was approved.
This question authorized the Bayfield School District to issue up to $11.9 million in general obligation bonds with a repayment cost of up to $19,725,000 in order to improve the school facilities including several construction projects. This debt would be paid by a tax increase of up to $1,235,000 per year.[1]
Election results
| Bayfield School District Question 2 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 4,735 | 51.16% | ||
| No | 4,520 | 48.84% | ||
Election results from Durango Herald Election Results Summary and La Plata County Current Election Results Summary.
Text of measure
Language on the ballot:
| “ | SHALL BAYFIELD SCHOOL DISTRICT NO. 10 JT-R DEBT BE INCREASED $11,900,000, WITH A REPAYMENT COST OF UP TO $19,725,000, AND SHALL DISTRICT TAXES BE INCREASED BY UP TO $1,235,000 ANNUALLY FOR CAPITAL IMPROVEMENT PURPOSES INCLUDING, AMONG OTHER THINGS:
• EXPANDING CLASSROOM SPACE AT THE HIGH SCHOOL FOR GROWING MUSIC AND THEATRE PROGRAMS, • CONSTRUCTING A NEW DISTRICT AUDITORIUM AT THE HIGH SCHOOL TO HOUSE MUSIC AND THEATRE PERFORMANCES AND COMMUNITY EVENTS, • CONSTRUCTING A NEW AUXILIARY GYMNASIUM AT THE HIGH SCHOOL TO INCREASE STUDENT ACCESS TO PHYSICAL EDUCATION CLASSES, INCREASE PRACTICE SPACE AND PROVIDE FOR EXPANDED COMMUNITY USE, • CONSTRUCTING A NEW VARSITY BASEBALL FIELD SOUTH OF THE FOOTBALL STADIUM FOR DISTRICT AND COMMUNITY USE, • REFINANCING EXISTING DISTRICT LEASE OBLIGATIONS FOR DISTRICT SAVINGS AND TO ENHANCE THE DISTRICT'S CAPITAL IMPROVEMENT MAINTENANCE FUND, • REPAIRING SCHOOL BUILDINGS TO EXTEND THE LIFE OF SCHOOL BUILDINGS AND REDUCE MAINTENANCE COSTS, AND • PURCHASING LAND FOR CONSTRUCTION OF SCHOOLS OR OTHER DISTRICT FACILITIES, BY THE ISSUANCE AND PAYMENT OF GENERAL OBLIGATION BONDS WHICH SHALL BEAR INTEREST, MATURE, BE SUBJECT TO REDEMPTION, WITH OR WITHOUT PREMIUM, AND BE ISSUED AT SUCH TIME, AT SUCH PRICE (AT, ABOVE OR BELOW PAR) AND IN SUCH MANNER AND CONTAINING SUCH TERMS, NOT INCONSISTENT WITH THIS BALLOT ISSUE, AS THE BOARD OF EDUCATION MAY DETERMINE; AND SHALL AD VALOREM PROPERTY TAXES BE LEVIED WITHOUT LIMIT AS TO THE MILL RATE TO GENERATE AN AMOUNT SUFFICIENT IN EACH YEAR TO PAY THE PRINCIPAL OF, PREMIUM IF ANY, AND INTEREST ON SUCH DEBT AND TO FUND ANY RESERVES FOR THE PAYMENT THEREOF? YES |
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Statewide
A 2013 statewide measure, Amendment 66, would authorize Colorado to increase taxes with an expected revenue increase of $950 million for school funding.[4]
See also
- November 6, 2012 ballot measures in Colorado
- Archuleta County, Colorado ballot measures
- La Plata County, Colorado ballot measures
Footnotes
- ↑ County Elections, Bayfield Sample Ballot
- ↑ La Plata County Elections, Sample Ballot
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Colorado Amendment 66
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