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Proposition AATHENS ISD (Henderson County)
FAILEDATHENS ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 ATHENS ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 276 (45.9%)AGAINST: 325 (54.1%)
Total Ballots Cast on Proposition: 601
Authorized Bond Debt
$10.5M
Total 30-Yr Repayment
$16.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ATHENS ISD to issue $10,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ATHENS ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.