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Proposition AMESQUITE ISD (Dallas County)
FAILEDMESQUITE ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 MESQUITE ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 2,750 (46.0%)AGAINST: 3,229 (54.0%)
Total Ballots Cast on Proposition: 5,979
Authorized Bond Debt
$125.8M
Total 30-Yr Repayment
$191.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MESQUITE ISD to issue $125,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $125,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MESQUITE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.