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Proposition APINEYWOODS COMMUNITY ACADEMY (Angelina County)
FAILEDPINEYWOODS COMMUNITY ACADEMY 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 PINEYWOODS COMMUNITY ACADEMY Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 94 (48.2%)AGAINST: 101 (51.8%)
Total Ballots Cast on Proposition: 195
Authorized Bond Debt
$2.6M
Total 30-Yr Repayment
$4.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PINEYWOODS COMMUNITY ACADEMY to issue $2,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PINEYWOODS COMMUNITY ACADEMY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.