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Proposition AEDGEWOOD ISD (Van zandt County)
PASSEDEDGEWOOD ISD 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 EDGEWOOD ISD Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 112 (56.9%)AGAINST: 85 (43.1%)
Total Ballots Cast on Proposition: 197
Authorized Bond Debt
$2.5M
Total 30-Yr Repayment
$3.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EDGEWOOD ISD to issue $2,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EDGEWOOD ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.