Atlanta Community Schools sinking fund proposal was defeated during Tuesday's special election. A total of 266 people voted yes and 307 people voted no, according to unofficial results. The sinking fund is a pay-as-you-go account used only for building repairs, safety upgrades, technology, and facility improvements, according to a graphic about the proposal. The sinking fund would have ensured that the district could plan proactively, avoid emergency spending, and protect general operating funds for student education. A recent statewide school facilities study report showed that the ...