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education for additional facilities at certain colleges and universities, including community colleges. The proposal requires that these bonds be paid over a period of 20 years with principal payments, as well as interest, being made each year.
The bond issue proposal is large in dollar terms but could be managed in view of annual revenues in the state general fund of approximately $1.8 billion and if passed the bond issue could possibly relieve some of the pressure for a tax increase in 1978. It depends on the need for the capital projects versus the reluc
96.9%