School Bond Election Search Results

STATE QUALIFIED SCHOOL BOND ELECTION RESULTS
SCHOOLCRAFT COUNTY
Manistique Area Schools

Election Date	Prop. No.	Architect	Result	Vote Y/N	Amount
11/08/2005	1	Integrated Designs	Passed	1,634/937	$9,975,000
Erecting, furnishing and equipping a new elementary school, including a full gymnasium and educational technology improvements; acquiring school buses and developing and improving playgrounds and sites. The estimated millage that will be levied for the proposed bonds in 2006, under current law, is 2.35 mills ($2.35 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, will not exceed twenty-six (26) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 2.27 mills ($2.27 on each $1,000 of taxable valuation).

02/26/2002	1	DEM	Failed	775/1,065	$11,350,000
Erecting, furnishing and equipping additions to and partially remodeling, refurnishing and re-equipping the Lakeside building to be a centralized elementary school including an auxiliary gymnasium, acquiring and installing educational technology improvements and developing and improving the playground and site? The following is for informational purposes only: The maximum number of years the bonds may be outstanding, exclusive of any refunding, will not exceed twenty-five (25) years. The estimated millage that will be levied for the proposed bonds in the year 2002 is 3.21 mills ($3.21 on each $1,000 of taxable valuation). The estimated simple average annual millage anticipated to be required to retire this bond debt is 2.98 mills ($2.98 on each $1,000 of taxable valuation).

02/26/2002	2	DEM	Passed	960/880	$1,780,000
Developing and improving the athletic complex including new grandstands and football and track facilities, concessions and restrooms, and the site; and partially remodeling the middle/high school for athletic locker rooms? The following is for informational purposes only: The maximum number of years the bonds may be outstanding, exclusive of any refunding, will not exceed twenty-five (25) years. The estimated millage that will be levied for the proposed bonds in the year 2002 is .50 mills ($0.50 on each $1,000 of taxable valuation). The estimated simple average annual millage anticipated to be required to retire this bond debt is .47 mills ($0.47 on each $1,000 of taxable valuation).

02/26/2002	3	DEM	Failed	811/1,031	$2,365,000
Partially remodeling, refurnishing and re-equipping the middle/high school; acquiring and installing educational technology improvements and developing and improving the site? The following is for informational purposes only: The maximum number of years the bonds may be outstanding, exclusive of any refunding, will not exceed twenty-five (25) years. The estimated millage that will be levied for the proposed bonds in the year 2002 is .67 mills ($0.67 on each $1,000 of taxable valuation). The estimated simple average annual millage anticipated to be required to retire this bond debt is .62 mills ($0.62 on each $1,000 of taxable valuation).

06/12/2000	1	DEM	Failed	1,134/1,327	$13,195,000
Erecting, furnishing and equipping additions to and/or remodeling, refurnising and re-equipping the Lakeside Elementary School and the Manistique High School/Middle School buildings; constructing athletic facilities, including a new football field, track, bleachers and related structures on the existing site; acquiring and installing educational technology; and acquiring land for site purposes and developing and improving playgrounds and sites. The bonds are expected to be outstanding for a maximum of 26 years, exclusive of refunding. The estimated millage rate for the first year is 4.79 mills ($4.79 for each $1,000 taxable valuation) and the estimated simple average annual debt millage rate for the repayment of this bond issue is 4.10 mills ($4.10 for each $1,000 of taxable valuation).

12/06/1999	1	DEM	Failed	849/1,113	$13,800,000
Erecting, furnishing and equipping additions to and/or remodeling, refurnishing and re-equipping the Lakeside Elementary School and the Manistique High School/Middle School buildings; constructing athletic facilities, including a new football field, track, bleachers and related structures on the existing site; constructing and equipping a bus maintenance facility; acquiring and installing educational technology; and acquiring land for site purposes and developing and improving playgrounds and sites.

04/08/1997	1	Wakely	Failed	812/1,209	$10,130,000
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