From Ballotpedia |
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The Maine Foundation Program School Subsidies Bond Issue, also known as Referendum Question No. 4, was on the November 4, 1969 ballot in Maine as a legislatively referred bond question, where it was approved.[1] The measure issued $22 million in bonds to provide for a transitional period from January 1970 to June 1970 when the state would start making monthly payments of general purpose school aid to local school units, also known as the Foundation Program School Subsidies.[2]
| Maine Referendum Question No. 4 (1969) | ||||
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| Result | Votes | Percentage | ||
| 84,505 | 59.38% | |||
| No | 57,799 | 40.62% | ||
Election results via: Maine State Law and Legislative Reference Library, Votes on Maine Bond Issues, 1951-
The language appeared on the ballot as:[2]
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"Shall the State convert to monthly payments of general purpose school aid to local school units to ensure the State's ability to make cash payments and reduce the need for borrowing by municipalities and the State by issuing bonds in the amount of $22,000,000 in order to provide for the transitional period, January 1970 through June 1970?" [3] |
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Categories: [Maine 1969 ballot measures] [Education, Maine] [Education, 1969] [Bond issues, Maine] [Bond issues, 1969] [Historical ballots, 2014]