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Proposition AVAN ALSTYNE ISD (Grayson County)
PASSEDVAN ALSTYNE ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 VAN ALSTYNE ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 266 (57.1%)AGAINST: 200 (42.9%)
Total Ballots Cast on Proposition: 466
Authorized Bond Debt
$9.1M
Total 30-Yr Repayment
$13.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes VAN ALSTYNE ISD to issue $9,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VAN ALSTYNE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.