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Proposition ASANGER ISD (Denton County)
FAILEDSANGER ISD 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 SANGER ISD Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 151 (46.9%)AGAINST: 171 (53.1%)
Total Ballots Cast on Proposition: 322
Authorized Bond Debt
$13.1M
Total 30-Yr Repayment
$19.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SANGER ISD to issue $13,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SANGER ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.