Measure on the ballot in the 2026 Georgia General Election in Cherokee County.
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Get StartedShall a total of $425,000,000 in aggregate principal amount of Cherokee County School System general obligation debt (the "Bonds") be issued for the purpose of funding (a) the costs of (i) acquiring, constructing and equipping new school buildings, administration buildings, athletic and fine arts buildings/facilities and other buildings or facilities useful or desirable in connection therewith, (ii) adding to, renovating, repairing, improving and equipping existing school buildings, administration buildings, athletic and fine arts buildings/facilities and other buildings and facilities useful or desirable therewith, (iii) acquiring buses and other vehicles, (iv) acquiring, installing and implementing technology improvements, (v) acquiring land for future facilities; and (vi) acquiring any property useful or desirable therefor, both real and personal (the "Projects"); (b) capitalized interest on the Bonds; and (c) the costs of issuing the Bonds; and shall a special one percent sales and use tax be continued in Cherokee County for a period of time not to exceed 20 calendar quarters and for the raising of not more than $425,000,000 for the purpose of funding (a) the payment of a portion of the principal of and interest on the Cherokee County School System General Obligation Bonds, Series 2009, Series 2010, Series 2017, Series 2020, Series 2022, Series 2024, Series 2025 and Series 2026 previously issued (the "Prior Bonds"), the maximum amount of debt service to be paid on the Prior Bonds will not exceed $310,000,000; (b) the payment of a portion of the principal of and interest on the Bonds, the maximum amount of debt service to be paid on the Bonds will not exceed $100,000,000; and (c) the maximum amount of Projects to be funded will not exceed the balance of the one percent sales and use tax proceeds?
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