Elections

May 2, 2017 Special Election

KISD | NEWAYGO CO RESA | BYRON SCHOOLS | GREENVILLE SCHOOLS | WAYLAND SCHOOLS | CANNON TOWNSHIP | WYOMING CITY

BYRON CENTER PUBLIC SCHOOLS

Bonding Proposal

Shall Byron Center Public Schools, Kent County, Michigan, borrow the sum of not to exceed Sixty-Eight Million Two Hundred Forty Thousand Dollars ($68,240,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of: erecting, furnishing and equipping additions to, and partially remodeling, furnishing and refurnishing, and equipping and re-equipping school district facilities; acquiring, installing and equipping and re-equipping school district facilities for instructional technology; erecting and equipping a team building and a restroom building; purchasing school buses; preparing, developing, improving and equipping athletic fields; and acquiring, developing and improving sites. The following is for informational purposes only: The estimated millage that will be levied for the proposed bonds in 2017, under current law, is -0- mills ($0.00 on each $1,000 of taxable valuation). The maximum number of years the bonds of any series may be outstanding, exclusive of any refunding, is thirty (30) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 2.52 mills ($2.52 on each $1,000 of taxable valuation). The school district expects to borrow from the State School Bond Qualification and Loan Program to pay debt service on these bonds. The estimated total principal amount of that borrowing is $20,848,997 and the estimated total interest to be paid thereon is $17,287,072. The estimated duration of the millage levy associated with that borrowing is eighteen (18) years and the estimated computed millage rate for such levy is 7.00 mills. The estimated computed millage rate may change based on changes in certain circumstances. The total amount of qualified bonds currently outstanding is $72,755,000. The total amount of qualified loans currently outstanding is approxcimately $8,634. (Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)

Results

Precincts Reporting
YES

NO
11 of 11 Precincts
TOTAL 3218 1809

Detailed Results

  # Reg.
Voters
Poll
Book
% Reg.
Voters

YES

NO
TOTAL -- -- -- 3218 1809
Byron #1 2361 676 28.63% 458 214
Byron #2 2471 897 36.30% 604 289
Byron #3 2514 169 6.72% 9 0
Byron #4 1840 523 28.42% 267 245
Byron #5A 2313 712 30.78% 461 246
Byron #6 1436 413 28.76% 260 151
Byron #7 2028 502 24.75% 333 167
Byron #8 2102 563 26.78% 335 223
Gaines #3B 0 No Report -- 35 30
Gaines #6B 0 No Report -- 52 35
Gaines #7 2214 619 27.96% 404 209
     
YES

NO