|
-----------------------------------------------------------------------------
issues for the
AUGUST 5, 2008 SPECIAL election
Click here For Printable version
-----------------------------------------------------------------------------
PROPOSED INCOME TAX AND
BOND ISSUE
ARLINGTON LOCAL SCHOOL DISTRICT
A Majority
Affirmative Vote is Necessary for Passage
Shall the Arlington Local School District, Hancock
County, Ohio be authorized to do both of the following:
1. Impose an annual income tax of 0.5% on the school
district income of individuals and of estates, for a
continuing period of time beginning January 1, 2009, for the
purpose of PAYING PERMANENT IMPROVEMENTS?
2. Issue bonds for the purpose of CONSTRUCTING SCHOOL
FACILITIES AND RENOVATING EXISTING SCHOOL FACILITIES UNDER
THE OHIO SCHOOL FACILITIES COMMISSION CLASSROOM FACILITIES
ASSISTANCE PROGRAM; FURNISHING AND EQUIPPING THE SAME;
IMPROVING THE SITES THEREOF INCLUDING INFRASTRUCTURE
IMPROVEMENTS RELATING THERETO; AND ACQUIRING LAND AND
INTERESTS IN LAND AS NECESSARY IN CONNECTION THEREWITH; in
the principal amount of $7,735,000 to be repaid annually
over a maximum period of twenty-eight (28) years, and levy a
property tax outside the ten mill limitation estimated by
the County Auditor to average over the bond repayment period
seven and six-tenths (7.6) mills for each one dollar of tax
valuation, which amounts to seventy-six cents ($0.76) for
each one hundred dollars of tax valuation, commencing in
2008, first due in calendar year 2009, to pay the annual
debt charges on the bonds, and to pay debt charges on any
notes issued in anticipation of those bonds?
FOR THE INCOME TAX AND BOND ISSUE
AGAINST THE INCOME TAX AND BOND ISSUE
-----------------------------------------------------------------------------
PROPOSED BOND ISSUES AND TAX
LEVY
LIBERTY-BENTON LOCAL SCHOOL DISTRICT
A Majority
Affirmative Vote is Necessary for Passage
Shall bonds be issued by the Liberty-Benton Local School
District TO PAY THE LOCAL SHARE OF SCHOOL CONSTRUCTION UNDER
THE STATE OF OHIO CLASSROOM FACILITIES ASSISTANCE PROGRAM in
the principal amount of $12,337,843, 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 one-tenth
(5.1) mills for each one dollar of tax valuation, which
amounts to fifty-one cents ($0.51) for each one hundred
dollars of tax valuation to pay the annual debt charges on
the bonds and to pay debt charges on any notes issued in
anticipation of the bonds?
and
Shall an additional levy of taxes be made for a period of
twenty-three (23) years to benefit the Liberty-Benton Local
School District, 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 (0.5) mill for each one
dollar of valuation?
and
Shall bonds be issued by the Liberty-Benton Local School
District for the purpose of CONSTRUCTING, ADDING TO,
RENOVATING, REMODELING, FURNISHING, EQUIPPING AND OTHERWISE
IMPROVING SCHOOL DISTRICT BUILDINGS AND FACILITIES,
INCLUDING EXPANDING AND IMPROVING FACILITIES AS MAY BE
REQUIRED FOR PARTICIPATION IN THE STATE OF OHIO CLASSROOM
FACILITIES ASSISTANCE PROGRAM, AND ACQUIRING, IMPROVING AND
EQUIPPING THEIR SITES in the principal amount of $3,422,157
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 one and four-tenths (1.4) mills for each one dollar of
tax valuation, which amounts to fourteen cents ($0.14) for
each one hundred dollars of tax valuation, commencing in
2008, first due in calendar year 2009, to pay the annual
debt charges on the bonds, and to pay debt charges on any
notes issued in anticipation of those bonds?
FOR THE BOND ISSUES AND THE TAX LEVY
AGAINST THE BOND ISSUES AND THE TAX LEVY
-----------------------------------------------------------------------------
|