Capital Bond Proposition at NR-W fails

Capital Bond Proposition at NR-W fails

The Capital Bond Proposition voted on Tuesday at North Rose Wolcott School District failed by an “unofficial” count of

926 NO votes, and 155 YES votes.  The School District did not return calsl about the official count, but numbers were shared by several town and school employees.  Official results will be posted when available.

 

The Proposition read:

Shall the proposition set forth in the notice of this meeting authorizing a project, at a maximum estimated cost of $30,500,000, and prov iding to pay such sum, subject to the applicable amounts of state aid which may be received, by spending $3,600,000 from certain Reserve Funds and the levy of a tax to be collected in annual installments, and further providing for the issuance of bonds and notes of the District in the principal amount not to exceed $26,900 ,000, be approved?