Audio: Princeton School District to have “no tax increase” bond issue on April 4th ballot

Princeton R-5 School
Share To Your Social Network

Multiple improvements to facilities on the Princeton school campus are contingent on voter approval of what officials call a “no tax increase” bond issue.

The proposal will be Proposition 2 on the April 4 ballot in the Princeton district and Superintendent Jerry Girdner discussed the ballot issue.

 

 

Girdner explains how the school district proposes to finance improvements that have an estimated cost of $5,800,000.

 

 

Since the issue involves general obligation bonds, a four-sevenths majority is required for passage which is just over 57.1 percent.

Girdner said the Princeton Board of Education have been good stewards of tax money.

 

 

Girdner reports with the passage of the issue, the district would first locally offer the bonds for sale in $5,000 increments.

 

 

Optimism about the bond issue passing next week is high and it was noted the level of support received by the Princeton district when voting on previous ballot issues.

 

 

Girdner also said that the importance of the ballot proposal is not just for the school, but for the community of Princeton.

 

 

Princeton resident Marcia Cox is a member of the local committee called Youth Education Support with the initials of the words spelling “Yes.”

 


Share To Your Social Network

Related posts