Prop E will deliver the following with
NO TAX RATE INCREASE:
A new (3rd) Elementary School
BALLOT LANGUAGE
Shall the Board of Education of the Orchard Farm R-V School District borrow money in the amount of $72,000,000 for the purpose of acquiring, constructing, improving, renovating, repairing, furnishing, and equipping new and existing school sites, buildings, and related facilities for school purposes, including but not limited to a new elementary school, and refinancing leasehold obligations, and issue its general obligation bonds for the payment thereof, resulting in no estimated increase in the debt service property tax levy? If this proposition is approved, the adjusted debt service levy of the school district is estimated to remain unchanged at $1.00 per $100 of assessed valuation of real and personal property.