Cottonwood-Oak Creek Elementary School District Proposition 409 (School Improvement Bond)
What does this measure do?
Supports: Public Education Quality, Public Infrastructure
Cottonwood-Oak Creek Elementary School District could borrow up to $30 million to fix roofs, water and septic systems, heating and cooling, safety systems, and technology at its schools. Property owners in the district would pay an added property tax to repay the loan.
Proposed by: Cottonwood-Oak Creek Elementary District Governing Board
The district's elected school board called the vote. It asks to borrow money for school buildings, paid back with property taxes. Arizona requires voter approval.
Source: cocsd.us
A YES vote means
The district could borrow up to $30 million for school repairs, and property owners would pay a tax to repay it.
A NO vote means
The district could not borrow this money, and the repayment tax would not be charged.
No financial records found for this ballot measure.
Source: cocsd.us
Sources: cocsd.us · journalaz.com