Back to Propositions Search
Proposition AVALLEY MILLS ISD (Bosque County)
FAILEDVALLEY MILLS ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 VALLEY MILLS ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 62 (47.3%)AGAINST: 69 (52.7%)
Total Ballots Cast on Proposition: 131
Authorized Bond Debt
$3.0M
Total 30-Yr Repayment
$4.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes VALLEY MILLS ISD to issue $3,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VALLEY MILLS ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.