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Proposition ALEWISVILLE ISD (Denton County)
PASSEDLEWISVILLE ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 LEWISVILLE ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 3,947 (50.0%)AGAINST: 3,946 (50.0%)
Total Ballots Cast on Proposition: 7,893
Authorized Bond Debt
$148.6M
Total 30-Yr Repayment
$225.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LEWISVILLE ISD to issue $148,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $148,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LEWISVILLE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.