Minnesota › Hennepin County › School District Question 1: School District Question 1 Approval of Bond Issue and Capital Project Levy Authorization
School District Question 1: School District Question 1 Approval of Bond Issue and Capital Project Levy Authorization is a bond question for Independent School District No. 728 (Elk River Area Schools) on the November 3, 2026 ballot. Would authorize the school board to issue up to $350,000,000 in school building bonds and adopt a capital project levy of 5.579% of net tax capacity to fund school facility and capital projects described in the ballot question. $350,000,000 in bonds; 5.579% of net tax capacity capital levy
Bond questionIndependent School District No. 728 (Elk River Area Schools)
A yes vote means: The district may issue the bonds and levy the capital project authorization.
A no vote means: The district may not issue the bonds or levy the capital project authorization.
Cost, rate or term as stated: $350,000,000 in bonds; 5.579% of net tax capacity capital levy
How it reached the ballot: School Board
Official ballot language:
The school board of Independent School District No. 728 (Elk River Area Schools) has proposed a project for the acquisition and betterment of school sites and facilities, including the construction and equipping of a new high school and early childhood through middle school building in Otsego, Minnesota; the construction and equipping of an education center to serve alternative high school learners and children with disabilities; the construction of safety improvements and secure entrances at school sites and facilities, including at the Zimmerman Middle/High School and Rogers Middle School;…
