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Payson Unified School District No. 10 $75,000,000 Bond Authorization

What does this measure do?

Supports: Public Education Quality

Lets Payson schools borrow up to $75 million for buildings, buses and equipment. Property owners would repay the loans with interest through school taxes.

More about this measure

Proposed by: Payson Unified 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: cms3.revize.com

A YES vote means

Allow borrowing for these school projects. The estimated yearly tax averages $0.94 per $100 of property value used for this tax.

A NO vote means

Reject these loans and the taxes needed to repay them. Payments on earlier school loans would continue.

Sources: meetings.boardbook.org2 · gilacountyaz.gov

Sources: payson.onlineads.advpubtech.com · azsos.gov