Tucson Unified School District, Arizona, Bond Issue, Proposition 458 (November 2017)
| Proposition 458: Tucson USD Bond Issue |
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| The basics |
| Election date: |
| November 7, 2017 |
| Status: |
 Defeated
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| Topic: |
| Local school bonds Tax: $0.379 per $100 in value Matures in: 20 years |
| Related articles |
| Local school bonds on the ballot November 7, 2017 ballot measures in Arizona Pima County, Arizona ballot measures Local school bonds on the ballot |
| See also |
A bond issue was on the ballot for Tucson Unified School District voters in Pima County, Arizona, on November 7, 2017. It was defeated.
| A yes vote was a vote in favor of authorizing the school district to issue and sell $180 million in school improvement bonds of the district to be repaid with property taxes. |
| A no vote was a vote against authorizing the school district to issue and sell $180 million of school improvement bonds of the district to be repaid with property taxes. |
District officials estimated the total cost of the bond repayment—principal and interest—at $290,114,800. The average additional tax rate required over the life of the bonds was estimated at $0.379 per $100 in assessed property value. As of 2017, houses were generally assessed at about 10 percent of the appraised market value. For a home valued at $250,000, the average tax cost of the bonds was estimated at $93.98 over a 24-year period. The district planned to issue the bonds in separate phases over seven years and to fully repay the bonded debt within 20 years of issuing the bonds.[1]
Election results
| Proposition 458 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| No | 48,898 | 57.76% | ||
| Yes | 35,763 | 42.24% | ||
- Election results from Pima County Elections Office
Text of measure
Ballot question
The ballot question was as follows:[2]
| “ |
Shall the Tucson Unified School District No. 1 of Pima County, Arizona, be allowed to issue and sell general obligation bonds in the principal amount of not to exceed $180,000,000 to provide money for the following:
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” |
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 governing officials of the Tucson Unified School District.
Recent news
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See also
External links
Footnotes
- ↑ Pima County Elections Office, "Sample Ballot, Tucson USD, November 7, 2017," accessed October 26, 2017
- ↑ Pima County Schools Superintendent's Office, "November 2017 School District Ballot Measures," accessed October 25, 2017
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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