Proposition 406 — Prescott Unified School District Bond Authorization
Prescott Unified District, Arizona
My vote power: High
What does this measure do?
Supports: Public Education Quality, Public Infrastructure
Lets Prescott schools borrow $20 million for building repairs, buses and equipment. Property taxes would rise about $26 yearly for the average home, the district estimates.
Proposed by: Prescott 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.
A YES vote means
Let the district borrow for school buildings and equipment. Property owners would repay the money plus interest over up to 20 years.
A NO vote means
Reject this borrowing and the property tax increase that would repay it. Existing school taxes would stay in place.
Sources: prescottschools.com · resources.finalsite.net2
Source: manuals.boardbook.org