Lincoln County Reorganized School District Bond Issue Question (April 2013)
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A Lincoln County Reorganized School District Bond Issue question was approved on the April 2, 2013 election ballot in Lincoln County, which is in Missouri.
This measure authorized the Lincoln County Reorganized 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 outlined below in the text of the question.
This measure requires a 4/7ths (57.1%) majority approval rate in order to pass.[1]
Election results
Lincoln County:
| Lincoln Co. School Bond | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 520 | 81% | ||
| No | 125 | 19% | ||
- These election results are from the KSDK Election Results Reporting.
Text of measure
Text of the question:
| “ | Shall the Board of Education of Reorganized School District No. II of Lincoln County, Missouri, borrow money in the amount of Four Million Five Hundred Thousand Dollars ($4,500,000), resulting in no estimated increase to the debt service property tax levy, for the purpose of providing funds to complete energy efficiency improvements including lighting upgrades and window replacement in the elementary school, middle school and old high school classrooms and heating; to complete ventilation and air conditioning system upgrades to the existing facilities of the District; and to complete other remodeling and repair improvements to the existing facilities of the District; and issue bonds for the payment thereof?
If this proposition is approved, the adjusted debt service levy of the School District is estimated to remain unchanged at $1.25 per one hundred dollars of assessed valuation of real and personal property. YES |
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See also
External links
Footnotes
- ↑ 1.0 1.1 Lincoln County April 2, 2013 Election Sample Ballot
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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