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Proposition ASPRINGTOWN ISD (Parker County)
PASSEDSPRINGTOWN ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 SPRINGTOWN ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 279 (50.9%)AGAINST: 269 (49.1%)
Total Ballots Cast on Proposition: 548
Authorized Bond Debt
$12.5M
Total 30-Yr Repayment
$19.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SPRINGTOWN ISD to issue $12,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SPRINGTOWN ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.