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Proposition ALA GRANGE ISD (Fayette County)
PASSEDLA GRANGE ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 LA GRANGE ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 175 (55.9%)AGAINST: 138 (44.1%)
Total Ballots Cast on Proposition: 313
Authorized Bond Debt
$3.4M
Total 30-Yr Repayment
$5.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LA GRANGE ISD to issue $3,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LA GRANGE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.