sample ballet question

Posted in: Millis
question #1 (binding)

shall the town of braintree be allowed to exempt from the provisions of proposition two and one-half, so-called the amounts required to pay in fiscal year 2004 and thereafter the principal of and interest on the outstanding or authorized but unissued bond of the town issued for
* the construction of a library
pursuant to the vote of the town
passed may 13, l997 (article l7)
* street,sidewalk and surface drain
construction pursuant to the vote
of the town passed Oct.l7,2000
(article 8) and
* school planning pursuant to the vote
of the town passsed Oct. l6,000
(article 20)

and the amounts required to pay for bonds issued in order to fund:

*street,sidewalk,and drain construction and reconstruction;

*school renovations;

*police station renovation;

*fire station renovations; and

*council on aging building renovations.

The previous is the sample question:
It involves:
* a $20.9 million dollar debt exclusion
overide in total

* $8.9 million has already been
borrowed: this debt exclusion will
allow current payments on the $8.9
million to be excluded from prop.
2 1/2. we would be taking $8.9
million from our current budget and
thus freeing-up funds to be spent on
new expenses

* the new debt of $12 million will
raise revenue for roads, schools,
police, fire and coa.

* total monies borrowed $20.9 million.





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