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Proposition AAXTELL ISD (Mclennan County)
FAILEDAXTELL ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 AXTELL ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 63 (47.7%)AGAINST: 69 (52.3%)
Total Ballots Cast on Proposition: 132
Authorized Bond Debt
$3.0M
Total 30-Yr Repayment
$4.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes AXTELL ISD to issue $3,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR AXTELL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.