In unofficial results for the December 3 ballot vote, a comfortable majority of Lincoln residents gave the go-ahead for the $92.9 million Lincoln School project—though the margin was not as large as the one at the December 1 Special Town Meeting.
Sixty-five percent of Lincoln voters who cast a ballot voted yes, clearing the way for the town to borrow $88.5 million to renovate and partially rebuild the Lincoln School. The 68%–32% margin easily cleared the required hurdle for a simple majority—though it was notably lower than the 89%–11% margin at Saturday’s vote, which required a two-thirds majority to pass.
The election saw a 35 percent turnout of Lincoln’s 4,797 registered voters.
Early next year, the Finance Committee will determine what amounts of the total to borrow and when. The final interest rate won’t be known until just before the first bond purchase. The panel has been using interest rates of 4% and 5% to estimate the range of property tax increases (currently 17.2%–19.4%), though the full impact of the increase will not occur right away.
Precinct 1 | Precinct 2 | Totals | |
---|---|---|---|
Yes | 745 | 399 | 1,144 |
No | 341 | 196 | 537 |
1,086 | 595 | 1,681 |
Click here to see a map of Lincoln’s voting precincts.