This article has been updated to reflect the latest results as of Wednesday afternoon.

Voters are rejecting the Gladstone School District’s $70 million construction bond based on the latest returns.

With 2,827 votes counted as of Wednesday afternoon, 64% voted no.

The bond is considered a renewal vote and if approved it wouldn’t raise the current property tax rate for Gladstone School District residents. In fact, the current rate of $4.30 per $1,000 of assessed value would decrease to $3.99 per $1,000 of assessed value starting in 2028.

The bond package is the culmination of a years-long process to evaluate the needs and state of the school district’s facilities. The district convened a Long Range Planning Committee to look at long-term enrollment trends, building capacities, operations priorities and what the Gladstone community wanted.