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Proposition AWYLIE ISD (Collin County)
PASSEDWYLIE ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 WYLIE ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 2,222 (60.0%)AGAINST: 1,481 (40.0%)
Total Ballots Cast on Proposition: 3,703
Authorized Bond Debt
$61.1M
Total 30-Yr Repayment
$92.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes WYLIE ISD to issue $61,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $61,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR WYLIE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.