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Proposition AGRANBURY ISD (Hood County)
PASSEDGRANBURY ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 GRANBURY ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 474 (59.0%)AGAINST: 329 (41.0%)
Total Ballots Cast on Proposition: 803
Authorized Bond Debt
$16.1M
Total 30-Yr Repayment
$24.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GRANBURY ISD to issue $16,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $16,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GRANBURY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.