Shall Bayfield School District no. 10 JT-R debt be increased $11,900,000, with a repayment cost of up to $19,725,000, and shall district taxes be increased by up to $1,235,000 annually for capital improvement purposes including, among other things:

• Expanding classroom space at the high school for growing music and theatre programs,
• Constructing a new district auditorium at the high school to house music and theatre performances and community events,
• Constructing a new auxiliary gymnasium at the high school to increase student access to physical education classes, increase practice space and provide for expanded community use,
• Constructing a new varsity baseball field south of the football stadium for district and community use,
• Refinancing existing district lease obligations for district savings and to enhance the district's capital improvement maintenance fund,
• Repairing school buildings to extend the life of school buildings and reduce maintenance costs, and
• Purchasing land for construction of schools or other district facilities,

By the issuance and payment of general obligation bonds which shall bear interest, mature, be subject to redemption, with or without premium, and be issued at such time, at such price (at, above or below par) and in such manner and containing such terms, not inconsistent with this ballot issue, as the board of education may determine; and shall ad valorem property taxes be levied without limit as to the mill rate to generate an amount sufficient in each year to pay the principal of, premium if any, and interest on such debt and to fund any reserves for the payment thereof?