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Proposition AMIDLOTHIAN ISD (Ellis County)
PASSEDMIDLOTHIAN ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 MIDLOTHIAN ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 605 (55.0%)AGAINST: 495 (45.0%)
Total Ballots Cast on Proposition: 1,100
Authorized Bond Debt
$39.6M
Total 30-Yr Repayment
$60.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MIDLOTHIAN ISD to issue $39,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $39,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MIDLOTHIAN ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.