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Proposition AGARLAND ISD (Dallas County)
PASSEDGARLAND ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 GARLAND ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 2,888 (54.0%)AGAINST: 2,460 (46.0%)
Total Ballots Cast on Proposition: 5,348
Authorized Bond Debt
$196.5M
Total 30-Yr Repayment
$298.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GARLAND ISD to issue $196,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $196,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GARLAND ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.