Back to Propositions Search
Proposition AMILLSAP ISD (Parker County)
PASSEDMILLSAP ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 MILLSAP ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 81 (61.8%)AGAINST: 50 (38.2%)
Total Ballots Cast on Proposition: 131
Authorized Bond Debt
$3.6M
Total 30-Yr Repayment
$5.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MILLSAP ISD to issue $3,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MILLSAP ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.