Riverside Elementary School District Question 1: $85 Million School Improvement Bond
Riverside Elementary District, Arizona
My vote power: High
What does this measure do?
Supports: Public Education Quality
Lets Riverside Elementary School District borrow $85 million to build and renovate school buildings, improve grounds, and buy furniture, technology, and buses, repaid with property taxes over about 20 years. The district estimates about $255 a year for 23 years on a $250,000 home.
Proposed by: Riverside 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: static1.squarespace.com
A YES vote means
The district can sell $85 million in bonds for school buildings and equipment, repaid by property owners.
A NO vote means
No bonds are issued and the projects wait for other funding.
Sources: schoolsup.org2
Source: schoolsup.org