HomeMy WebLinkAbout01-22-18 City Commission Packet Materials - A3. Law & Justice Center Options Presentation - SUPPLEMENTAL MATERIALS TITLE 7.LOCAL GOVERIrTV ENT
CHAPTER 7.DEBT MANAGEMENT
Part 22. Coun-ity General Obligation Bonds
Percentage Of Electors Reqaired To Authorize
Bond Issue
7-7-2237. Percentage of eā˛¢ectors rregWrred to authorize roond iissue. Whenever the question
of issuing county bonds for any purpose is submitted to the registered electors of a county, the
determination of the approval or rejection of the bond proposition is made in the following manner:
(1) determine the total number of electors who were qualified o vote in the bond election;
(2) determine the total number of qualified electors who voted in the bond election from the tally
sheet or sheets for the election;
(3) calculate the percentage of qualified electors voting in the bond election by dividing the
number determined in subsection (2) by the number determined in subsection (1); and
(4) when the calculated percentage in subsection (3) is 40% or more, the bond proposition is
considered approved and adopted if a majority of the votes cast were in favor of the proposition,
otherwise it is considered rejected; or
(5) when the calculated percentage in subsection (3) is more than 30% but less than 40%, the
bond proposition is considered approved and adopted if 60% or more of the votes cast were in favor
of the proposition, otherwise it is considered rejected; or
(6) when the calculated percentage in subsection (3) is 30% or less, the bond proposition is
considered rejected.
PNmary turnout overa 0 scats
2 06-18. 5
20008- 35o78
2012-63 o 7 J
20014-24 0 07
20 0-4O o 05
Share of registered voters; source: Gallatin County.