Montgomery County School District Bond Issue Question (April 2013)
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A Montgomery County School District Bond Issue question was approved on the April 2, 2013 election ballot in Callaway and Montgomery Counties, which are in Missouri.
This measure authorized the Montgomery County School District to increase its debt by $14.5 million through issuing general obligation bonds in that amount in order to fund certain improvements to the district as outlined below in the text of the question.
This measure requires a 4/7ths (57.1%) majority approval rate to pass.[1]
Election results
Callaway County:
| Montgomery County School Proposition | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 7 | 77.78% | ||
| No | 2 | 22.22% | ||
- These election results are from the Callaway County Elections Office.
Callaway County:
| Montgomery County School Proposition | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 1121 | 65.02% | ||
| No | 603 | 34.98% | ||
- These election results are from the Montgomery County Elections Office.
Text of measure
Text of the question:
| “ | Shall the Board of Education of the Montgomery County R-II School District, Missouri, borrow money in the amount of Fourteen Million Five Hundred Thousand Dollars ($14,500,000) for the purpose of providing funds for the site development, construction, equipping and furnishing of (1) additional classrooms at the High School, Middle School, Montgomery City Elementary and Jonesburg Elementary in order to eliminate the use of temporary trailers, (2) new vocational-agricultural facility at the High School, (3) a new gymnasium and kitchen/cafeteria at the Middle School, (4) additional library spaces; to the extent funds are available, to complete other remodeling and repair improvements to the existing facilities of the District; and issue bonds for the payment thereof resulting in an estimated increase to the debt service property tax levy of $0.65 per one hundred dollars of assessed valuation? If this proposition is approved, the adjusted debt service levy of the School District is estimated to increase from $0.00 to $0.65 per one hundred dollars of assessed valuation of real and personal property.
YES |
” |
See also
External links
Footnotes
- ↑ 1.0 1.1 Callaway County April 2, 2013 Election School Issues List
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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