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Proposition ATIOGA ISD (Grayson County)
FAILEDTIOGA ISD 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 TIOGA ISD Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 58 (46.4%)AGAINST: 67 (53.6%)
Total Ballots Cast on Proposition: 125
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes TIOGA ISD to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TIOGA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.