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Proposition AALEDO ISD (Parker County)
PASSEDALEDO ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 ALEDO ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 526 (56.0%)AGAINST: 414 (44.0%)
Total Ballots Cast on Proposition: 940
Authorized Bond Debt
$34.2M
Total 30-Yr Repayment
$52.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ALEDO ISD to issue $34,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $34,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ALEDO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.