Ohio Rev. Code § 3318.062
"Shall bonds be issued by the __________ (here insert name of school district) school district to pay the local share of school construction under the State of Ohio Classroom Facilities Assistance Program in the total principal amount of $__________ (total principal amount of the bond issue), to be issued in ______ (number of series) series, each series to be repaid annually over not more than ______ (maximum number of years over which the principal of each series may be paid) years, and an annual levy of property taxes be made outside the ten-mill limitation to pay the annual debt charges on the bonds and on any notes issued in anticipation of the bonds, at a rate estimated by the county auditor to average over the repayment period of each series as follows: __________ (insert the following for each series: "the __________ series, in a principal amount of $__________, that the county auditor estimates will require ______ mills for each $1 oftaxable value, which amounts to $______ for each$100,000 of the county auditor's appraised value, commencing in __________ and first payable in __________)?"
and, unless the additional levy
of taxes is not required pursuant
to division (C) of section
3318.05 of the Revised Code,
"Shall an additional levy of taxes be made for a period of twenty-three years to benefit the __________ (here insert name of school district) school district, the proceeds of which shall be used to pay the cost of maintaining (or upgrading if approved by the Ohio facilities construction commission) the classroom facilities included in the project, that the county auditor estimates will collect $_____ annually, at the rate of __________ (here insert the number of mills, which shall not be less than one-half mill) mills for each $1 oftaxable value, which amounts to $________ for each $100,000 of the county auditor's appraised value?
For the bond issue | |
Against the bond issue | " |
The form of that portion of the ballot to include the question of either issuing bonds or levying a tax for site acquisition purposes shall be one of the forms prescribed in division (D) of section 3318.06 of the Revised Code.
R.C. § 3318.062