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LWV League of Women Voters of Ohio Education Fund
Smart Voter
Hamilton County, OH March 2, 2004 Election
Issue 6
Proposed Bond Issue
Madeira City School District

A majority affirmative vote is necessary for passage

2,101 / 58.95% Yes votes ...... 1,463 / 41.05% No votes

See Also: Index of all Issues

Information shown below:

Shall bonds be issued by the Madeira City School District, County of Hamilton, Ohio, for the purpose of NEW CONSTRUCTION, IMPROVEMENTS, RENOVATIONS AND ADDITIONS TO SCHOOL FACILITIES AND PROVIDING EQUIPMENT, FURNISHINGS AND SITE IMPROVEMENTS THEREFOR, in the Principal amount of Twenty-Eight Million Dollars ($28,000,000) 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 six and eighty-seven hundredths (6.87) Mills for each one dollar of tax valuation, which amounts to sixty-eight and seven tenths cents ($0.687) for each One hundred dollars of tax valuation, commencing in 2004, first due in calendar year 2005, to pay the annual debt Charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds?



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Created: May 4, 2004 14:49 PDT
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