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Proposition ASTEPHENVILLE ISD (Erath County)
PASSEDSTEPHENVILLE ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 STEPHENVILLE ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 244 (60.1%)AGAINST: 162 (39.9%)
Total Ballots Cast on Proposition: 406
Authorized Bond Debt
$6.0M
Total 30-Yr Repayment
$9.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes STEPHENVILLE ISD to issue $6,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR STEPHENVILLE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.