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Proposition AFERRIS ISD (Ellis County)
FAILEDFERRIS ISD 2023 Capital Infrastructure & Facility Improvement Bond Proposition
May 2023 FERRIS ISD Uniform General & Special Election • Canvassed on 2023-05-06
Official Certified Canvass Outcome
FOR: 268 (47.9%)AGAINST: 291 (52.1%)
Total Ballots Cast on Proposition: 559
Authorized Bond Debt
$15.2M
Total 30-Yr Repayment
$23.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FERRIS ISD to issue $15,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $15,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FERRIS ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.