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HomeMy WebLinkAboutElection Canvasses - 2022.05.03 - 380161 1 • • 1 - AT THE - 4191 r lei \i - HELD ON - MAY 3, 2022 PARTIAL CANVASS OAKLAND COUNTY PORTION '• ONLY CANVASSED BY THE BOARD OF COUNTY CANVASSERS OF OAKLAND COUNTY, MICHIGAN Oakland County, Michigan Tuesday, May 3, 2022 Election 5/3/2022 Page 11 School Improvement Bond Proposal - Warren Consolidated Schools District N v V V `a c p 6 o N V 16 O i � 16 m m O v O % v y L W ✓ N _ N v O C m a ->' m L O K F Troy, Precinct 24 & 25 349 154 503 1 0 40 464 504 5,539 9.10% Totals 349 154 503 1 0 40 464 504 5,539 9.10% STATEMENT OF VOTES The whole number of votes given for and against the School Improvement Bond Proposal Warren Consolidated Schools District Counties of Macomb and Oakland State of Michigan WARREN CONSOLIDATED SCHOOLS Shall the Warren Consolidated Schools District, Counties of Macomb and Oakland, State of Michigan, borrow the sum of not to exceed One Hundred Fifty Million Dollars ($150,000,000) and issue its general obligation unlimited tax bonds, in one or more series, for the purpose of paying for the cost of the following projects: Remodeling, equipping, re -equipping, furnishing, re -furnishing school buildings, athletic fields, playgrounds and other facilities to create a modern learning environment for students and for safety and security, energy conservation and other purposes; Acquiring and installing instructional technology infrastructure and equipment in school buildings and other facilities; and Preparing, developing and improving sites at'school buildings and other facilities, erecting school facilities and additions to school buildings and the purchase of school buses? The annual debt millage required to retire all bonds of the School District currently outstanding and proposed pursuant to this Proposal is expected to remain at or below the annual debt millage of 4.78 mills levied in 2021. The maximum number of years any series of bonds may be outstanding, exclusive of refunding, is not more that twenty (20) years; the estimated millage that will be levied to pay the proposed bonds in the first year is 0.68 mills (which is equal to $0.68 per $1,000 of taxable value); and the estimated simple average annual millage that will be required to retire each series of bonds is 1,49 mills annually ($1.49 per $1,000 of taxable value). If approved by the voters, the bonds will be guaranteed by the State under the School Bond Qualification and Loan Program (the "Program"), The School District currently has $161,645,000 of qualified bonds outstanding and $0 of qualified loans outstanding under the Program. The School District does not expect to borrow from the Program to pay debt service on these bonds. The l . estimated computed millage rate required to be levied to pay the proposed bonds may change in the future based on changes in certain circumstances. (Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for teacher, administrator or employee salaries, repair or maintenance costs or other operating expenses.) was Five hundred three ofwhich number Three hundred forty-nine votes were marked YES and One hundred fifty-four votes were marked NO TOTAL VOTES Put figures in this column CERTIFICATE OF DETERMINATION STATE OF MICHIGAN ) ) ss. COUNTY OF OAKLAND ) The Board of Canvassers of the COUNTY of OAKLAND (COUNTY, CITY, TOWNSHIP OR VILLAGE) (COUNTY, CITY, TOWNSHIP OR VILLAGE) having Ascertained and Canvassed the Votes of said WARREN CONSOLIDATED SCHOOLS (COUNTY, CITY, TOWNSHIP, VILLAGE OR SCHOOL) at the SPECIAL Election, held on the 3RD day of MAY in the year Two Thousand TWENTY-TWO Do Hereby Certify and Determine that the preceding Statement of Votes reflect the ballots cast in Oakland County. In Witness Whereof, We have hereunto set our hands and affixed the Seal of the CircuitCourt of Oakland County this S day of MAY in th year TWO THOUSAND TWENTY-TWO. QrI �'_YltAT A- , C�A�—�AIRPERSON BOARD a• 7�Ya OF CANVASSERS ATTEST: G K OF &O OF CANVASSERS CFAf�ER$ON �F BO UAS ERS LISA BROWN