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Proposition ALONGVIEW ISD (Gregg County)
PASSEDLONGVIEW ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 LONGVIEW ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 919 (55.0%)AGAINST: 751 (45.0%)
Total Ballots Cast on Proposition: 1,670
Authorized Bond Debt
$21.6M
Total 30-Yr Repayment
$32.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LONGVIEW ISD to issue $21,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $21,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LONGVIEW ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.