League of Women Voters of Ohio
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Issue 7 Proposed Bond Issue And Tax Levy Mount Healthy City School District A majority affirmative vote is necessary for passage 3,599 / 49.53% Yes votes ...... 3,667 / 50.47% No votes
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"Shall bonds be issued by the Board of Education of the Mt. Healthy City School District, County of Hamilton, Ohio, for the purpose of paying the local share of school construction under the State of Ohio Classroom Facilities Assistance Program, together with, as applicable, new construction, renovations and other improvements to school facilities, equipment, furnishings, site improvements and all necessary appurtenances in the principal amount of Thirty Three Million Dollars ($33,000,000) to be repaid annually over a maximum period of twenty-eight (28) years, and an annual levy of property taxes be made outside the ten-mill limitation, estimated by the county auditor to average over the repayment period of the bond issue five and forty-five hundredths (5.45) mills for each one dollar of tax valuation, which amounts to fifty-four and five-tenths cents ($0.545) for each one hundred dollars of tax valuation, commencing in 2006, first due in calendar year 2007, to pay the annual debt charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds?" and Shall an additional levy of taxes be made for a period of twenty-three (23) years, commencing in 2006, first due in calendar year 2007, to benefit the Mt. Healthy City School District, County of Hamilton, Ohio, the proceeds of which shall be used to pay the cost of maintaining the classroom facilities included in the project at the rate of one-half (0.50) mill for each one dollar of valuation? FOR BOND ISSUE & TAX LEVY AGAINST BOND ISSUE & TAX LEVY
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Created: January 4, 2007 09:47 PST
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