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Lincoln Public Schools, Nebraska, Bond Issue (February 2020)
| Lincoln Public Schools Bond Issue | |
|---|---|
 | |
| Election date February 11, 2020 | |
| Topic Local school bonds | |
Status Approved | |
| Type Referral | Origin Lawmakers |
A bond issue was on the ballot for Lincoln Public Schools voters in Lancaster County, Nebraska, on February 11, 2020.[1] It was approved.
| A "yes" vote supported authorizing the district to issue up to $290 million in bonds and levy property taxes to repay the bonds. |
| A "no" vote opposed authorizing the district to issue up to $290 million in bonds and levy property taxes to repay the bonds. |
District officials estimated that a tax increase would not be needed to repay the bonds proposed by this measure. Going into the election, the district's bond debt and building fund were paid through a property tax levy of $0.161 per $100 of assessed property value. District officials estimated this rate would not increase because of existing bond debt set to be repaid. As of 2020, the district's total property tax levy was $1.238 per $100 in assessed property value.[2][3]
The election was a mail-in election. Ballots needed to be received by election officials by 5:00 pm on February 11, 2020.
Election results
|
Lincoln Public Schools Bond Issue |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
36,761 | 62.06% | ||
| No | 22,471 | 37.94% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
Shall Lancaster County School District 0001 (Lincoln Public Schools) in the State of Nebraska issue its general obligation bonds in an aggregate stated principal amount not to exceed Two Hundred Ninety Million Dollars ($290,000,000), for the purpose of paying the costs of (1) constructing, furnishing and equipping a high school near the northwest area of the District, a high school near the southeast area of the District and an elementary school near the northeast area of the District, (2) constructing, furnishing, equipping, renovating, remodeling and repairing Park Middle School and Everett Elementary School, (3) constructing, furnishing, equipping, renovating, remodeling and repairing focus program facilities, early childhood facilities and athletic and activity facilities, (4) constructing, furnishing, equipping, renovating, remodeling and repairing various District facilities, additions and infrastructure throughout the District, and (5) acquiring sites and constructing related infrastructure improvements for school facilities of the District; such bonds to be issued from time to time as may be determined by the Board of Education, to bear interest at a rate or rates to be determined by the Board of Education and to become due at such time or times as may be fixed by the Board of Education; and Shall the School District cause to be levied and collected annually a special levy of taxes against all the taxable property in the School District sufficient in rate and amount to pay the principal of and interest on such bonds as the same become due?"[4] |
” |
Full text
The full text of the measure is available here.
Path to the ballot
This measure was put on the ballot through a vote of the Lincoln Public Schools Board of Education.[1]
See also
External links
Footnotes
- ↑ 1.0 1.1 1.2 Lancaster County Elections, "February 11, 2020 special election sample ballot," accessed January 27, 2020
- ↑ Lincoln Public Schools, "2020 Bond," accessed February 10, 2020
- ↑ Lincoln Journal Star, "Answers to your questions as LPS bond vote deadline approaches," February 2, 2020
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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